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(Updates from 11:04 a.m. ET with closing information.)
NEW YORK (
TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk On The Street" Wednesday:
City National(CYN) is a classic, good bank. "You should buy it." Shares were flat at the Wednesday close.
Teva Pharmaceutical(TEVA - Get Report) "has been such a dog, and it continues to be so, there's nothing special happening here," Cramer said. Shares closed down an unhealthy 5.3%.
After reading an interview in the
New York Times about
Tanger Factory Outlet Centers(SKT - Get Report), Cramer said the company's stock has been an outperformer and noted CEO Steve Tanger talked about having a terrific holiday season. SKT was flat.
Novartis(NVS - Get Report) has been a decent company, Cramer said. "I wouldn't sell this stock," he advised, adding there's "no way" this company should have been downgraded. NVS closed flat.
On Piper Jaffray's upgrade of
Take-Two Interactive Software(TTWO - Get Report), Cramer said it "does seem like there's some sweet spot for gaming all of a sudden. I hated the stock. I'm probably wrong. It's probably okay now." Shares closed up 2.6%.
Danaher(DHR - Get Report) reaffirmed 2012 guidance and its 2013 outlook. The big-cap stocks have been saying things are looking fine, Cramer said. "These are not supposed to look fine," Cramer said, so maybe it's a sign of better days coming. Shares closed up 2.2%.
To sign up for Jim Cramer's free Booyah! newsletter, with all of his latest articles and videos, please click here.-- Written by Anthony Buccino in New York.