Mad Money Lightning Round OT: Cramer Can't Recommend Sprint (S) (AMR, S, PQ)

CNBC Mad Money's Jim Cramer thinks that Sprint Nextel Corporation (NYSE: S) is a controversy. It had an awful quarter, and he won't recommend this stock only on take over chatter. He needs to see good fundamentals, and he believes that this stock should not be bought. Sprint Nextel Corporation (S) fell 0.73% today.

Cramer recommended investors ring the register in AMR Corporation (NYSE: AMR), because oil went higher and AMR had a nice run. AMR Corporation (AMR) gained 6.62% today, and closed at $8.37.

PetroQuest Energy, Inc. (NYSE: PQ) shares should be sold, thinks Cramer. He didn't like PQ's quarter. PetroQuest Energy, Inc. (PQ) spiked 8.04% today.

You can watch the video here.