Mad Money

Lightning Round OT: Transocean, Huntsman and More

Lightning Round OT

Pharma Product Development : In a weak economy, this is a good sector to own, Cramer said. He also likes Covance.

Transocean : Cramer recommended taking profits in RIG after a recent run in the stock. He said he’s worried about order cancellations given the lower price of oil, so “I don’t want to own it” – even though it looks cheap.

Huntsman : Huntsman “represents an interesting call option on a turn,” Cramer said, but most call options “end at zero.” So investors should proceed with caution.

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