Cramer Would Sell SA, CSIQ, RBS

Symbols: CSIQ, ETF, GLD, RBS, SA, USA
Share

Jim Cramer suggested to his callers in the CNBC's Mad Money Lightning Round OT to sell Canadian Solar Inc.
(NASDAQ: CSIQ), Royal Bank of Scotland Group plc (ADR)(NYSE: RBS) and Seabridge Gold, Inc. (USA) (AMEX: SA).

Cramer didn't want to recommend Seabridge Gold (SA) to his viewer, instead he opted for a SPDR Gold Trust (ETF)(NYSE: GLD) which is a much better choice in his opinion. GLD fell 0.12% today, and SA gained 1.94%.

Canadian Solar Inc. (CSIQ) is not his cup of tea because he thinks that solar companies needs subsidies and governments don't have money for that. CSIQ added 4.77% on Thursday.

Cramer doesn't like RBS, although he says that there are some people that are trying to make this bank work.


 
 
< Previous
Jim Cramer Sees Opportunity In ALTH
Next >
Cramer's Lightning Round Picks (NRGY, BAC, AONE, FNFG, CROX)
Share
Printer-friendly version
Send to friend
We're Loving

Benzinga's Premium Memberships

Benzinga's News Delivered Free

Brain Trust