Mad Money

Lightning Round OT: Nordic American, Cogent and More


Cogent : Cramer can’t get behind Cogent, which makes biometric fingerprint ID systems. The stock’s too speculative, he said.

Total System Services : Don’t’ buy, Cramer said. He doesn’t think payment processing “is a very robust business right now.”

Nordic American Tanker : NAT’s tankers had been hired out to hold oil until prices rose, and that’s why Cramer had liked the stock most recently. He thinks that trade has passed. He’s still a fan of this company, though, but wants investors to wait for a pullback to $25 a share before adding to their positions.

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