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(Updates from 11:39 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:
But he was not worried about luggage maker Tumi (TUMI - Get Report) at the high end of retail or Dollar Tree (DLTR - Get Report) at the low end, however. TUMI was up 1% to $21.50 while DLTR was unchanged at $47.26.Cramer said he's not a seller of Legg Mason (LM - Get Report) and would be a buyer of Panera Bread (PNRA - Get Report) as crop prices continue to fall. LM was down 3.7% to $30.49 but PNRA rose 2.5% to $169.50. Finally, Cramer said he would wait a few days to buy shares of Valero (VLO - Get Report) as the markets digest the latest news from that sector. VLO ended the day down 4.3% to $40.60. 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