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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 (NYSE: 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. (NYSE: SLB) or Halliburton Company (NYSE: HAL) as better options. For real believers in crude oil recovery, he recommended Core Laboratories N.V. (NYSE: CLB).

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

 

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Posted-In: CNBC Mad Money Jim CramerMedia