Best Insurance Companies To Watch In Right Now
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NEW YORK (TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk on the Street" Wednesday.
Goldman Sachs said to buy Consolidated Energy (ED). Cramer said this upgrade, comnig ahead of the Federal Reserve's FOMC announcement, could hint at a small taper. ED rose 3.1% to $56.99.
Everyone seems to think ARM Holdings (ARMH) is the best semiconductor company in the world, according to Cramer, who added that it's also related to Apple (AAPL). ARMH was up 4.6% to $48.29. Wedbush is bullish on Panera Bread Company (PNRA). "I like this call very much," Cramer said. PNRA rose nearly 1% to $172.89. "People love Nokia (NOK) because Microsoft (MSFT) gave them a lot of money," Cramer said. NOK jumped 7% to $6.71. Credit Suisse initiated Sprint (S) as a sell. Cramer added that if the firm wants to go against CEO Dan Hesse, then "be my guest." S was up nearly 1% to $6.44. Canaccord said Lululemon Athletica (LULU) might breakout to the upside, but Cramer said he wants to see who the next CEO will be first. LULU ended the day at $74.46, up 6%. To sign up for Jim Cramer's free Booyah! newsletter, with all of his latest articles and videos, please click here. -- Written by Bret Kenwell in Petoskey, Mich. Follow @BretKenwell
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