Cramer Shares His Thoughts On KeyCorp, Novocure, Nokia And Cisco Systems

Jim Cramer said on CNBC's Mad Money that he didn't expect KeyCorp (NYSE: KEY) to fall so much. He still sees value in the stock, but he is not recommending the financials anymore.

Novocure Ltd (NASDAQ: NVCR) is a pure speculative stock and traders should understand that if they want to buy it, said Cramer. He added that the market is not kind on the speculative stocks at the moment.

Instead of buying Nokia Corporation (ADR) (NYSE: NOK), Cramer would rather buy Cisco Systems, Inc. (NASDAQ: CSCO), because it has a good balance sheet, a 4 percent dividend yield and better growth prospects.