Cramer Gives His Opinion On CVR Refining LP And Ford Motor

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On CNBC's Mad Money, Jim Cramer spoke about recent trading activity in CVR Refining LP CVRR. The stock has declined dramatically and it has a good yield, but some people think that the yield might be a suspect, said Cramer. He believes that traders who want to buy oil companies should go with quality names and they shouldn't chase yield.

Cramer recommended Schlumberger Limited. SLB or Halliburton Company HAL as better options. For real believers in crude oil recovery, he recommended Core Laboratories N.V. CLB.

Cramer thinks that Mark Fields is doing a great job at Ford Motor Company F. He believes that the stock is reacting to the idea that Europe might be turning. Cramer would own Ford Motor at current price.

Posted In: CNBCJim CramerMediaMad Money
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