PBR - 'Never Buy A Drug Stock Just For The Yield': Jim Cramer On This Big Pharma Company | Benzinga
On CNBC’s "Mad Money Lightning Round," Jim Cramer recommended selling Petróleo Brasileiro S.A. - Petrobras (NYSE: PBR). "This stock has run too much for me, even though it sells at six times earnings," he noted.
When asked about Fisker Inc. (NYSE: FSR), he said, "Like the car, sell the stock."
"Something is wrong, obviously people are very worried about credit now in cars, but I’m not going to tell you to sell a stock that sells at five times ...