Good preliminary tool for researcher - correlation provides a precise and quantifiable measure of how two variables are related. This may suggest ideas for future research if variables are strongly related or show an interesting pattern
Correlations do not show cause and effect because they do not involve manipulation of an IV or control of extraneous variables (as in an experiment). Correlations can only tell us how variables are related; they cannot tell us which variable is causing the other. There are always other factors or confounding variables that could be causing the relationship that have NOT been measured or controlled for