Cramer Gives His Opinion On Reynolds American, AstraZeneca And Sony

On CNBC's Mad Money, Jim Cramer said he likes the airline industry. The sector had good earnings results and he isn't concerned by the rising oil price.

Cramer thinks that British American Tobacco PLC (ADR) BTI is going to acquire Reynolds American, Inc. RAI, but he isn't a buyer of these stocks, because he doesn't like takeover arbitrages.

AstraZeneca plc (ADR) AZN is a bad stock. Cramer said it has a low growth and that he would rather buy Allergan plc Ordinary Shares AGN.

Investors who want to invest in the virtual reality sector should buy Facebook Inc FB instead of Sony Corp (ADR) SNE, thinks Cramer.