Cramer Calls It A 'Very, Very Good Company,' But Here's Why He Recommends 'To Stay Away For Now'

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Columbia Sportswear Company COLM is "actually inexpensive, but it doesn’t matter. The estimates probably are going to have to come down, so we’re going to have to hold off buying it."

Cramer said Gen Digital Inc. GEN is inexpensive and he likes the CEO very much, but "it doesn’t have the great growth that I need to see right now from the other cybersecurity companies."

When asked about AT&T Inc. T, he said, "No, you’re going to have to hold off on T, because I do think that they have so much capital spending that they have to do and right now I don’t like AT&T or Verizon VZ."

Cramer said Zebra Technologies Corporation ZBRA is a "very, very good company, but things, people are not paying 23 times earnings for this kind of company anymore, they’re just not. So we’re going to have to stay away for now."

When asked about Canadian Natural Resources Limited CNQ, he said, "I like oil and gas, they have very inexpensive properties. It’s a good situation. Be careful, it’s up 13% for the year, and they’re taking everything down, but I think you can buy that one, it’s very, very good."

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The "Mad Money" host said he needs to do a little homework on Opera Limited OPRA.

MasTec, Inc. MTZ is "actually exactly what you should be buying, it’s going to do incredibly well with the infrastructure money…You buy small here, and you buy on the way down," Cramer said. The company's stock is down around 30% over the previous month.

When asked about Groupon, Inc. GRPN, he said, "That thing has been a horse. I can’t believe it, it’s been a horse, it’s like Bookings.com BKNG, and people feel it’s giving you a bargain. I don’t know, I would not buy it up here. It’s too high. "

Cramer said he likes Teradata Corporation TDC.

Price Action: Shares of Teradata fell 2.8% to close at $43.99, while Groupon lost 9.9% to $14.19 on Tuesday. MasTec shares fell 3.8% to settle at $66.93, while Opera rose 1.3% to close at $11.00 on Tuesday. Canadian Natural Resources shares gained 0.2% to settle at $63.26, while Zebra Technologies lost 1.4% to close at $230.33 on Tuesday. AT&T shares gained 0.8%, Gen Digital fell 1% and Columbia Sportswear slipped 0.1% on Tuesday.

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