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NEW YORK (
TheStreet) -- Here's what Jim Cramer had to say on
CNBC's "Squawk On The Street" Wednesday:
(NFLX - Get Report) aren't seeing anything positive happening today and are merely rising on short covering, Cramer said.
Meanwhile, shares of
(YHOO - Get Report) are seeing a lot of positive things happening as a result of new CEO Marissa Mayer, which is why Cramer feels that stock will break out soon.
In the "ho-hum" category, Cramer said the world will need more oil rigs from
National Oilwell Varco
(NOV - Get Report)
eventually, but investors will see nothing in the short term. He was also bearish on
(MSFT - Get Report)
, saying the company's new Windows product cycle appears to be a "yawner" with investors.
Cramer was much more excited about
(GILD - Get Report)
, a much loved stock that he said is going much higher.
(PCLN - Get Report)
, a stock that had lost its luster but is now starting to make a comeback.
--Written by Scott Rutt in Washington, D.C.
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