Jim Cramer Gives His Opinion On Applied Optoelectronics, Frontier Communications And Comcast

Jim Cramer said on CNBC's "Mad Money" that he would take some profits and reduce a long position in Applied Optoelectronics Inc AAOI. The stock has moved 317 percent year-to-date and Cramer wants to exercise some discipline, even though he likes the business of the company.

Cramer would sell Frontier Communications Corp FTR. He explained that the company is in a secular decline and it has no growth.

Comcast Corporation CMCSA is a fabulous company, thinks Cramer. It has a profitable growth and he is a buyer of the stock.