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(Updates from 10:22 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:
Cramer is a believer in
SAP(SAP - Get Report) and feels the company is doing fabulously. He was also upbeat on
Lululemon Athletica(LULU - Get Report), saying that many are short the name but he's sticking with the company. SAP shares were flat but LULU fell nearly 1% Wednesday.
Continuing the love, Cramer said
Weyerhaeuser(WY - Get Report), a stock he owns for his charitable trust,
Action Alerts PLUS
, could see $34 a share, but cautioned that
McDonald's(MCD - Get Report) is turning into a horse race between analysts. WY was up 2.3% at Wednesday's close but MCD was flat.
Cramer was bearish on
Apollo Group(APOL - Get Report), saying that many of the for-profit schools are starting to look like non-profits. APOL stock dropped 7.8%.
He ended on an up note, saying that the move from paper to plastic payments continues to lift both
MasterCard(MA - Get Report) and
Visa(V - Get Report). MA was up 2.8% while V ended the day up 1.5%.
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