Cramer Advises His Viewers On Seadrill Ltd, Petroleo Brasileiro Petrobras SA (ADR) And Dow Chemical Co

Jim Cramer said on CNBC's Mad Money that in a food chain of horrible companies in the crude oil sector Seadrill Ltd SDRL is at the low. Cramer would rather be in Schlumberger Limited. SLB because it is a great company with crude oil at $40 or at $140. Seadrill Ltd is a roll of the dice, added Cramer. Cramer believes that Petroleo Brasileiro Petrobras SA (ADR) PBR is one of the most over levered and under managed companies he has ever seen in his career. He would sell to save $6. Dow Chemical Co DOW is doing a great job, thinks Cramer. The company is improving gross margins. It had a problem with activists, but when that finishes Dow Chemical Co is going to be a low cost producer of high quality proprietary products.