Jim Cramer, the high-profile and ultra-high-energy stock-picking guru and host of CNBC's "Mad Money," backs Fiat Chrysler Automobiles CEO Sergio Marchionne in his efforts to get General Motors to talk merger.
Quoted on TheStreet.com, which Cramer co-founded, he said GM has "fallen out of favor" with investors because CEO Mary Barra won't discuss a deal. He said the weak stock market and GM's exposure in troubled China means Barra "has been dealt low cards."
Cramer is a true believer in Marchionne.
"The man's a visionary," he told TheStreet. "If you could get (GM) together with Marchionne, that would be terrific, a lot of shareholders would like it. I know Mary doesn't want it. She was dismissive of Marchionne. That's just arrogance; I don't have room for in my portfolio for that."