Mad Money Lightning Round: Cramer Dislikes City Telecom HK

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Caterpillar (NYSE: CAT) is a “very cheap stock. I think it's heading back to its high."

For BlackRock (NYSE: BLK), he said, "In the vast scheme of things, the worst group is the financials. It has a 3.4% yield. If it went back to a 4% yield, I'd pull the trigger."

Cramer said that City Telecom HK (NASDAQ: CTEL) is “not growing and I think it's a mistake. I'm not going to defend it on the way down."

For MetLife (NYSE: MET), Jim said, "Leave that one be. I'd buy Prudential (NYSE: PRU) and hold onto MetLife."

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