Jim Cramer Advises His Viewers On Fitbit Inc And Seadrill Ltd

On CNBC' Mad Money, Jim Cramer said that Fitbit Inc FIT is a wrong kind of stock for current environment. He believes that the sales of watch is doing great. Cramer feels that this stock is about hope and he is looking for hard facts. Seadrill Ltd SDRL and the whole space look like they are bottoming, thinks Cramer, but he doesn't want to recommend them as a buy yet. He believes that the space won't trade lower any more.