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" Thursday:
Cramer said there's been a lot of talk about Salesforce.com (CRM - Get Report) recently and "the cloud is back." He was less optimistic about Northrop Grumman (NOC - Get Report), saying the stock is inexpensive but he sees no catalyst to own it.
Cramer said the negatives are already built into UPS (UPS - Get Report), so he's looking to buy. He was also not concerned over Cliffs Natural Resources (CLF - Get Report), saying the company's dividend is safe.Finally, Cramer said Red Hat (RHT - Get Report) remains an inexpensive stock. He admitted he doubted Equinix (EQIX - Get Report) at $100 a share. "Boy, I stand corrected," he said. --Written by Scott Rutt in Washington, D.C. To email Scott about this article, click here: Scott Rutt Follow Scott on Twitter @ScottRutt or get updates on Facebook, ScottRuttDC To watch replays of Cramer's video segments, visit the Mad Money page on CNBC.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
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
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts