Cramer Weighs In On Viacom And Foot Locker

Jim Cramer said on CNBC's Mad Money that he can't recommend a long position in Viacom, Inc. VIAB, because he doesn't recommend stocks on takeover basis if their fundamentals are deteriorating. He added that he likes CBS Corporation CBS.

Foot Locker, Inc. FL is going even higher, thinks Cramer. He added that he wants to buy the stock.