Cramer On This Big US Bank: 'The Book Value Is So Different From Where The Common Stock Is'

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Paramount Global PARA is "too cheap to believe," and added, "I don’t know where it bottoms, but it sure "isn’t close to the top."

When asked about Citigroup Inc C, he said, "The book value is so different from where the common stock is, the price. Something is very wrong there."

Cramer said he doesn’t like earnings of Hasbro Inc HAS. "I think that Mattel, Inc. MAT is actually cheaper," he added.

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The "Mad Money" host said AGNC Investment Corp. AGNC is "one of those real estate investment trusts that I do not like."

Price Action: Shares of Paramount Group fell 0.8% to $18.01, while Citigroup dropped 0.7% to close at $44.67 on Wednesday. Hasbro and Mattel shares dropped 0.9% and 2.1%, respectively on Wednesday. Shares of AGNC Investment gained 1.4% to settle at $9.83 in the previous session.

Also check out this Options Trader Betting That Paramount Global Will Go Down By This Much By December End

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