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(Updates from 11:04 a.m. ET with closing information.)
NEW YORK (TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk On The Street" Wednesday:
Cramer thinks City National (CYN) is a classic, good bank. "You should buy it." Shares were flat at the Wednesday close.
Teva Pharmaceutical (TEVA) "has been such a dog, and it continues to be so, there's nothing special happening here," Cramer said. Shares closed down an unhealthy 5.3%.After reading an interview in the New York Times about Tanger Factory Outlet Centers (SKT), Cramer said the company's stock has been an outperformer and noted CEO Steve Tanger talked about having a terrific holiday season. SKT was flat. Novartis (NVS) has been a decent company, Cramer said. "I wouldn't sell this stock," he advised, adding there's "no way" this company should have been downgraded. NVS closed flat. On Piper Jaffray's upgrade of Take-Two Interactive Software (TTWO), Cramer said it "does seem like there's some sweet spot for gaming all of a sudden. I hated the stock. I'm probably wrong. It's probably okay now." Shares closed up 2.6%. Danaher (DHR) reaffirmed 2012 guidance and its 2013 outlook. The big-cap stocks have been saying things are looking fine, Cramer said. "These are not supposed to look fine," Cramer said, so maybe it's a sign of better days coming. Shares closed up 2.2%. To sign up for Jim Cramer's free Booyah! newsletter, with all of his latest articles and videos, please click here. -- Written by Anthony Buccino in New York.
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