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On
CNBC's Mad Money, Jim Cramer said that
VeriFone Systems IncPAY is struggling because it is trading in a bad market. He noted that many stocks that should not go down are going down and these things happen when there are a lot of concerns.
Cramer can't recommend a long position in
BlackBerry LtdBBRY because its fundamentals are not improving. There were some rumors about a takeover and a lot of bad money came into it, now it has come back down, said Cramer. He doesn't want to touch it because there are better stocks out there.
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