On CNBC's "Mad Money Lightning Round", Jim Cramer said he likes Groupon (NASDAQ: GRPN), but he has been wrong. He keeps seeing value in the stock so he is not going to desert it, but it hasn't been performing well.
Citigroup Inc (NYSE: C) is the cheapest among the banks, said Cramer. He added that it sells way through its tangible book value and the management is going to continue to buy back the stock.
Cramer thought that Pennsylvania R.E.I.T. (NYSE: PEI) was through the worst of it and it seems that is not the case. He wants to talk to the CEO again.
Cramer is not recommending any automakers, so he is not a buyer of Honda Motor Co., Ltd. (NYSE: HMC).
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