Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".
(Updates from 10:48 a.m. ET with closing information.)
NEW YORK ( TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk On The Street" Thursday:
Cramer is a believer in Under Armour (UA) and expects the company to have a terrific summer. He said that there aren't a lot of believers in Adobe (ADBE), but that company continues to prove the analysts wrong. UA rose 1.9% Thursday to $56.03 while ADBE was up 1.1% to $45.21.
It was a mixed bag for Fortinet (FTNT), he said, because Web security remains a challenged sector. However, Cramer is a fan of Acadia Pharmaceuticals (ACAD) and Celgene (CELG), a stock he said is seeing a "radical revaluation."FTNT was down 13.1% to $18.99 but investors loved ACAD, pushing shares 64.4% higher to $13.10. CELG was up a more modest 1.8% to $122.99. Finally, Cramer continues to pound the table for Realogy (RLGY), saying the company is practically giving money away. RLGY ended the trading day up 4.5% to $46.25. 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
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV