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NEW YORK (
TheStreet) -- Here's what Jim Cramer had to say on
CNBC's "Squawk On The Street" Friday:
Las Vegas Sands
(LVS - Get Report) is a play on China doing better, and it looks like China may have bottomed.
He was also bullish on
(HFC - Get Report), a company that's buying oil on the cheap, then refining and selling it for a lot.
Johnson & Johnson
(JNJ - Get Report)
may be turning things around now that the company has a new head of its embattled consumer products division, said Cramer, but it has a long way to go to restore its reputation.
He also urged investors to be cautious with
Bed Bath & Beyond
(BBBY - Get Report)
. Shares fell from $73 to $59 the last time the company reported.
Cramer said the drug stocks, like
(LLY - Get Report)
, are among the worst-performing groups of this recent rally. Natural gas exporter
(LNG - Get Report)
has been growing strong on an expected increase in demand for gas from Japan.
--Written by Scott Rutt in Washington, D.C.
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