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(Updates from 10:54 a.m. ET with closing information, corrects ticker symbol in headline.)
NEW YORK (
) -- Here's what Jim Cramer had to say on CNBC's "Squawk On The Street" Friday:
Cramer noted the downgrade of
Regal Entertainment Group
(RGC - Get Report)
by Piper Jaffray, saying people think the fourth quarter is going to be really bad. He's not excited about the movies. RGC shares fell 3% at the Friday close.
On the downgrade of
(TD - Get Report)
, Cramer said all Canadian banks were downgraded today, so maybe it's brother against brother. TD closed off 1%.
(HTZ - Get Report)
as a buy. Cramer said the rates for rental cars have gone up very big. Hertz just eliminated one competitor through merger so those left in the sector are good stocks. HTZ was up 1% at the close.
(TSM - Get Report)
, Cramer said to look out because it may take some
. TSM ended the day flat.
Cramer said he disagrees with JPMorgan's
(MRO - Get Report)
neutral rating. "I think it's a mistake," Cramer said, adding the company is worth a great deal of money. MRO shares were 1% higher.
deal is good, Cramer said of JPMorgan's upgrade of
(AET - Get Report)
. Watch this group, Cramer said. People are supposed to hate insurance companies ahead of Obamacare, but no, the stock is doing very well. AET stock closed up 3%.
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-- Written by Anthony Buccino in New York