Jim Cramer Shares His Thoughts On Berkshire Hathaway And Under Armour

On CNBC's Mad Money, Jim Cramer said Berkshire Hathaway Inc. (NYSE: BRK-B) is a good investment. He likes its core positions and its business. Berkshire Hathaway gained around 16 percent since October 31.

Cramer said he doesn't like apparel makers in the short-term period. He believes in the long term Under Armour IncUAA is going to recover from a very bad situation.