Jim Cramer Weighs In On Tallgrass Energy Partners, Royal Dutch Shell, Mitek Systems And Alibaba

Jim Cramer said on CNBC's "Mad Money" that Tallgrass Energy Partners LP TEP is trading lower with the rest of energy names. He added that it has a great dividend yield, but it hasn't been a good protection.

Cramer isn't a big fan of Royal Dutch Shell plc (ADR) (NYSE: RDS-A). He thinks that crude oil is going to trade between $38 and $42.

Mitek Systems, Inc. MITK had a strong move higher and it's now too hot to buy, thinks Cramer. He doesn't recommend stocks based only on a takeover possibility. He thinks that Mitek Systems is an interesting speculative stock.

Alibaba Group Holding Ltd BABA has great fundamentals and Cramer wants to buy the stock.