Jim Cramer Gives His Opinion On Valeant and Chevron
Jim Cramer said on CNBC's Mad Money that he doesn't agree with Bill Miller about Valeant Pharmaceuticals Intl IncVRX. Miller revealed in an interview on CNBC that the stock could double in three years. Cramer doesn't know if there are any buyers for the company and he is concerned about the balance sheet. He doesn't want to buy the stock.
Cramer explained that Chevron CorporationCVX is trading higher than its peers, because it's more aggressive. His charitable trust owns Occidental Petroleum CorporationOXY, but he has always liked Chevron.