Cramer Shares His Thoughts On Smith & Wesson And VeriFone Systems

Jim Cramer was asked by his viewer on CNBC's Mad Money about a future performance of Smith & Wesson Holding Corp SWHC after the stock traded 45 percent lower from its June highs. The viewer bought call options in the name and he wanted to know if he should be worried by the upcoming earnings release. Cramer is not a big fan of Smith & Wesson and he thinks that the stock had its run and it is time to move somewhere else.

Cramer is a big fan of VeriFone Systems Inc PAY. He explained that he never recommends a stock as a takeover target if it doesn't have good earnings. If VeriFone Systems doesn't trade to $45, Cramer thinks that it is going to be taken over next year.