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NEW YORK (TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk On The Street" Wednesday:
Regeneron (REGN) remains one of the best-performing stocks in the market and beat its numbers nicely, Cramer said. He was also bullish on Illinois Tool (ITW), a company he said is an industrial done right.
Cramer was far less bullish on Norfolk Southern (NSC), which was down on low export coal volumes. He said this railroad ships the wrong type of cargo.He panned a recent downgrade of Intel (INTC), likening the move to shooting a dead horse, and one of Anheuser-Busch Inbev (BUD), saying people will continue to drink Budweiser beer. Finally, Cramer said that he's been waiting for a good entry point for Costco (COST) and the market's recent weakness has now provided it. --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
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