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(Updates from 10:26 a.m. ET with closing information.)
NEW YORK ( TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk On The Street" Friday:
Cramer said Big Lots (BIG - Get Report) has been down on its luck after a takeover fell through but the company remains not one of his favorites. He was also downbeat on Tibco Software (TIBX - Get Report) after the company lowered guidance and then beat that lowered number.
BIG ended the week up 2.2% while TIBX soared 7.8%.Cramer is a fan of the new Intercontinental Exchange (ICE - Get Report) with NYSE Euronext (NYX) attached, calling the combined company a powerhouse. He also called owning McDonald's (MCD - Get Report) ahead of the fiscal cliff an "interesting" proposition. Investors were cool to ICE, sending shares down 3%. MCD stock ended the day flat. Cramer was not a fan of owning gold miners like Gold Corp (GG - Get Report), saying that he still prefers the SPDR Gold Shares (GLD). He also urged using caution when owning Mellanox (MLNX - Get Report), which was a very hot stock earlier in the year. GG stock fell 1.5% at the close while MLNX jumped 4.7%. 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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