Jim Cramer Gives His Opinion On L Brands And AK Steel

Jim Cramer said on CNBC's Mad Money that he can't recommend a long position in the retail sector because it's challenged by the border tax and the mall problems. He would not buy L Brands Inc LB.

Instead of buying AK Steel Holding Corporation AKS, Cramer would rather buy Nucor Corporation NUE. Cramer believes that AK Steel dropped 1.62 percent on Friday, because it became overbought.