Jim Cramer Is Not A Buyer Of Chesapeake Energy And Sony

On CBNC's Mad Money, Jim Cramer said that he is not a fan of Chesapeake Energy Corporation CHK because it needs higher natural gas price and higher crude oil price. He prefers Exxon Mobil Corporation XOM in the space, because it traded higher on a weak day for crude oil.

Cramer is not a buyer of Sony Corp (ADR) SNE. He explained that the stock needs a weaker yen in order to trade higher and he doesn't expect that a devaluation of yen is going to happen.