Jim Cramer Gives His Opinion On Magellan Midstream Partners, Take Two And Kratos

On CNBC's "Mad Money", Jim Cramer spoke about Magellan Midstream Partners, L.P. MMP. He said that the stock got hurt by Energy Transfer Partners' ETP huge equity offering and it doesn't matter it reported a great quarter and raised guidance.

Cramer wouldn't take profits in Take Two Interactive Software Inc TTWO. He sees no reason to sell the stock.

Kratos Defense & Security Solutions, Inc KTOS is going to trade higher, thinks Cramer. He believes the last quarter was good and he likes the defense stocks.