Jim Cramer says Paramount Global is too cheap to believe

Jim Cramer said on CNBC's Mad Money Lightning Round that 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. Cramer said he doesn't like the earnings of Hasbro IncInc. HAS. He said that Mattel, Inc. MAT is actually cheaper.

The Mad Money host said that AGNC Investment Corp. is one of those real estate investment trusts that I do not like. The price action of Price Action fell 0.8% to $18.01, while Citigroup fell 0.7% to close at $44.67 on Wednesday. Hasbro and Mattel's shares fell 0.9% and 2.1% on Wednesday. AGNC Investment's shares rose by 1.4% to $9.83 in the previous session.

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