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( Updates from 10:25 am ET with closing information.)
NEW YORK ( TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk On The Street" Wednesday:
But Cramer was more positive on American Eagle Outfitters (AEO), saying the teen apparel retailer had a great month and is going higher.Investors are still buying JC Penney, sending its shares nearly 5% higher at the Wednesday close. But they were more impressed with American Eagle, whose stock flew over 7%. Hertz (HTZ) is also on Cramer's bull list, as Hurricane Sandy has left no rental car to be had in the Northeast. But he is not impressed by positive comments on Wynn Resorts (WYNN) even if the stock is getting very inexpensive. Shares of Hertz drove 4.6% higher while Wynn was up 3.2%. Finally, Cramer said that high-end retail is doing better, which is good news for Tiffany (TIF), while Rowan Companies (RDC) is going to trade in lockstep with the price of oil. Tiffany stock closed the day nearly 2% higher while Rowan stock was flat. To sign up for Jim Cramer's free Booyah! newsletter, with all of his latest articles and videos, please click here. -- Written by Scott Rutt in Washington. 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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