Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".
NEW YORK (TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk on the Street" Friday.
Baird raised its price target on Pharmacyclics (PCYC), but Cramer suggested that Johnson & Johnson (JNJ) was the safer way to invest in the industry. PCYC jumped 7.2% to $121.46.
Credit Suisse said to buy WhiteWave Foods (WWAV - Get Report) and Cramer agreed, calling it a "really terrific natural-food play." He added that investors shouldn't give up on the industry. WWAV ended the day 4.7% higher at $20.93.
Must Read: Jim Cramer on Tesla, Microsoft and Apple
Barclays downgraded United Continental Holdings (UAL - Get Report). Cramer disagreed with the call. When gasoline and jet fuel go down, "you want to buy this," he said, adding Delta Air Lines (DAL) is also a good stock. UAL rose 4% to $35.36.
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.