Jim Cramer's View On Priceline Group Inc, J C Penney Company Inc And Ocwen Financial Corp

Speaking on

, Jim Cramer said that he would take profits in

because the industry has become competitive. The company won't report good numbers and the sell off will follow, believes Cramer. He doesn't want to own

because there are better stocks to buy in the space. He named

as the stock he would rather own. Cramer believes that

should be sold because of a rule he rigorously follows. Accounting irregularities equal sell, explained Cramer.