Jim Cramer Shares His Thoughts On Heinz, Under Armour, Pioneer Natural Resources And Huntington Ingalls Industries

Jim Cramer spoke on CNBC's Mad Money about Kraft Heinz Co KHC. He's concerned the company might miss on earnings and he advised his viewer to take a part of her position off the table. Cramer believes Kraft Heinz might make a deal.

Under Armour Inc UA got hit by the border tax and by poor sales, explained Cramer. He thinks the retail space recovered a bit as the market questions the border tax story. Cramer believes that Under Armour could move only a couple of points higher and he would consider taking profits in the name.

Pioneer Natural Resources PXD is a high beta stock and its up and down moves are often exaggerated, explained Cramer. He added that it has the cheapest oil and although he likes it, he wouldn't touch it.

Cramer likes Huntington Ingalls Industries Inc HII, but he would rather own General Dynamics Corporation GD.