Jim Cramer Shares His Thoughts On Skechers, TASER And Celgene

On CNBC's Mad Money, Jim Cramer said that Skechers USA Inc SKX has come down and it's cheap now, but the stock has lost some momentum. A viewer asked him if it would make sense for adidas AG (ADR) ADDYY to buy the company. He thinks that it would make sense, if Skechers wanted to sell, but that hasn't been his orientation for the stock.

TASER International, Inc. TASR traded lower after it lost its customer, but Cramer wouldn't sell the stock.

Celgene Corporation CELG has one of the best pipelines in the sector, thinks Cramer. He added that the stock should be owned as a core position by investors who want a high quality pharmaceutical name.