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(Updates from 10:26 a.m. ET with closing information.)
NEW YORK ( TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk On The Street" Friday:
Cramer said Big Lots (BIG) has been down on its luck after a takeover fell through but the company remains not one of his favorites. He was also downbeat on Tibco Software (TIBX) after the company lowered guidance and then beat that lowered number.
BIG ended the week up 2.2% while TIBX soared 7.8%.Cramer is a fan of the new Intercontinental Exchange (ICE) with NYSE Euronext (NYX) attached, calling the combined company a powerhouse. He also called owning McDonald's (MCD) ahead of the fiscal cliff an "interesting" proposition. Investors were cool to ICE, sending shares down 3%. MCD stock ended the day flat. Cramer was not a fan of owning gold miners like Gold Corp (GG), saying that he still prefers the SPDR Gold Shares (GLD). He also urged using caution when owning Mellanox (MLNX), which was a very hot stock earlier in the year. GG stock fell 1.5% at the close while MLNX jumped 4.7%. To sign up for Jim Cramer's free Booyah! newsletter, with all of his latest articles and videos, please click here. -- Written by Scott Rutt in Washington. To email Scott about this article, click here: Scott Rutt Follow Scott on Twitter @ScottRutt or get updates on Facebook, ScottRuttDC
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