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(Updates from 10:31 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:
The stock of truck maker
Cummins(CMI - Get Report) has gotten ahead of itself and needs to come in, while oil giant
Chevron(CVX - Get Report), a stock Cramer owns for his charitable trust,
Action Alerts PLUS
, has been a wild trader of late. CMI shares ended Friday down 1.7% but CVX rose 1.4%.
Cramer thinks shares of
Procter & Gamble(PG - Get Report), another Action Alerts PLUS holding, would be headed higher if only the company split itself up, but he is a fan of
Anheuser-Busch Inbev(BUD), an inexpensive stock he said "is working." PG ended the day flat but BUD was up 1.4%.
Rounding out the group, Cramer said many investors are piling into generic drug maker
Perrigo(PRGO - Get Report) because of the current flu season, but he cautioned the flu is only a one-time event. He was bullish on
Dendreon(DNDN). Investors sent PRGO 5.8% lower Friday but pushed DNDN 21.1% higher at the close.
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