On CNBC's Mad Money Lightning Round OT, Jim Cramer said that he doesn't like Terra Nitrogen Company, L.P. TNH. In the agricultural space, he likes only Potash Corp./Saskatchewan (USA) POT. Terra Nitrogen (TNH) gained 2.22% today, and Potash (POT) added 3.55%.
Cramer recommended investors sell PennantPark Investment Corp. PNNT. He explained that he doesn't want to own subordinated debt of stuff he doesn't know. He is more familiar with Federal Realty Inv. Trust
FRT, and is willing to buy this stock. PennantPark (PNNT) fell 0.97%, while Federal Realty (FRT) dropped 0.70%.
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