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Lightning Round: Ariad Pharma, Weight Watchers, Telefonica Brazil and More

Ariad Pharma : Cramer still likes this stock and says it’s a great spec — which are paying off big time in biotech these days, he said.

Weight Watchers International : This is a dangerous, foolhardy stock, Cramer said. He thinks the company has lost its momentum.

Telefonica Brasil : Cramer thinks this stock could make sense to buy, but consider Verizon , which has a similar yield. He'd rather stay closer to home right now.

The Mosaic Co. : While this fertilizer play has seen a good trade over the last four days, don't be greedy. He thinks this could be a sell if it rains this weekend.

Companhia Siderurgica Nacional : Cramer says no to Brazilian steel because of the economic slowdown. They have not been able to ignite the economy and he does not want to go there.

ConocoPhillips : Cramer blesses this buy for its 5 percent yield. He likes the oils that yield more than 3.5 percent. Also, COP owns a big natural gas business and nat gas seems to have bottomed.

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  • Jim Cramer

    Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."

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