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Speaking on
CNBC's Mad Money, Jim Cramer said that he would take profits in
Priceline Group IncPCLN because the industry has become competitive. The company won't report good numbers and the sell off will follow, believes Cramer.
He doesn't want to own
J C Penney Company IncJCP because there are better stocks to buy in the space. He named
Costco Wholesale CorporationCOST as the stock he would rather own.
Cramer believes that
Ocwen Financial CorpOCN should be sold because of a rule he rigorously follows. Accounting irregularities equal sell, explained Cramer.
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