Jim Cramer Gives His Opinion On Finisar And AK Steel

On CNBC's Mad Money, Jim Cramer spoke about Finisar Corporation FNSR. He is worried about the stock and he doesn't like the last earnings report the company posted. He added that the sector has become overheated.

Cramer thinks AK Steel Holding Corporation AKS has a chance, because the government wants to protect the U.S. market from the cheap Chinese steel. He also thinks  there are some signs of bottoming on its chart. Cramer believes AK Steel is not the best stock in the sector. His favorite stock in the space is Nucor Corporation NUE.