Lightning Round OT: Valley National, Krispy Kreme and More

Valley National : The banks right now are out of favor, Cramer said, making it hard to own these stocks. He thinks it will be about six months before they pay off as investments.

Krispy Kreme : Cramer called KKD a “pure spec,” saying investors only buy the stock if they’re willing to take the risk. “It could turn,” he said of the company, “it might not.”

Toreador Resources : With so many other good oil names out there, Cramer said, he won’t bless this speculative name at its 52-week high.

Call Cramer: 1-800-743-CNBC

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