Cramer Gives His Opinion On Chesapeake Energy Corporation And JetBlue Airways Corporation

Jim Cramer said on CNBC's Mad Money that it seems foolish to own Chesapeake Energy Corporation CHK. He is watching the company's bonds and he sees some concerning signals. Cramer explained that the stock should be treated as an option that might not pay off. JetBlue Airways Corporation JBLU is a fine long term stock, but it is going to be very hard to own it in the near term, because of the Zika virus. He added that the stock is trading a little bit too high for him to buy it.