Cramer Weighs In On Transocean LTD, Mylan Inc And Honda Motor Co Ltd

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Jim Cramer said on
CNBC's Mad Money
that he wouldn't buy
Transocean LTDRIG
because when crude oil is trading low it is a much better idea to own stocks like
Royal Dutch Shell plc (ADR)
(NYSE:
RDS-A
) or
Schlumberger Limited.SLB
. Traders should buy highest quality, not the lowest quality names. Cramer thinks that
Mylan IncMYL
is an excellent company and it is a right place to be. The auto stocks are in trouble and Cramer can't recommend owning them. He is not a buyer of
Honda Motor Co Ltd (ADR)HMC
despite weaker yen. Before he makes a decision about
Rally Software Development CorpRALY
, Cramer feels that he needs to do some more research.
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Posted In: CNBCJim CramerMediaJim CramerMad Money
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