Mad Money Lightning Round OT: Cramer Would Sell FSYS (IMAX, GPC, FSYS)
On CNBC's Mad Money Lightning Round OT, Jim Cramer said that if oil goes so high that gasoline goes to $4, people are going to start selling IMAX Corporation (USA) (NYSE: IMAX). He advised his viewers to sell a half of their position in this stock. IMAX Corporation (USA) (IMAX) fell 0.39% on Friday, and closed at $28.41.
Genuine Parts Company (NYSE: GPC) is a good stock thinks Cramer. He likes its growth, and its dividend yield. Cramer explained that he is not worried that the economy will be so strong that no one is going to maintain old cars, and buy new parts. Genuine Parts Company (GPC) fell 2.15% on Friday, and closed at $52.73.
Cramer thinks that Fuel Systems Solutions, Inc. (NASDAQ: FSYS) reported a really bad quarter, and he wants to sell this stock. Fuel Systems Solutions, Inc. (FSYS) fell 1.85% on Friday, and closed at $24.34.
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