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(Updates from 10:21 a.m. ET to include closing information.)
NEW YORK (
TheStreet) -- Here's what Jim Cramer had to say on
CNBC's "Squawk On The Street" Thursday:
Universal Display(PANL - Get Report) delivered the worst quarter of this earnings season and Cramer is not impressed. He said
Linear Technology(LLTC - Get Report) is riding on the coattails of market leader
Universal Display's shares dropped nearly 18% Thursday while Linear Technology managed to close half a percentage point higher.
Cramer said he doesn't trust the upgrade of
ConEd(ED - Get Report) as utilities are likely to come under increasing pressure to be cleaner under President Obama. He was also skeptical of
Monster Beverage(MNST - Get Report), which responded to lawsuits and health concerns by saying that its beverages have no more caffeine than coffee.
Con Edison shares closed nearly flat and Monster shares were down 1.3%.
When asked about
Goldman Sachs(GS - Get Report), Cramer said no one wants to own this stock at the moment. He dismissed a shareholder initiative to oust
SandRidge(SD) CEO Tom Ward by saying SandRidge is Ward's company.
Goldman shares fell 2.3% while SandRidge's jumped 1.7%.
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--Written by Scott Rutt in Washington, D.C.
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