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(Updates from 10:55 a.m. ET with closing information.)
NEW YORK ( TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk On The Street" Thursday:
Cramer said that he wouldn't sell Salesforce.com (CRM - Get Report) on accounting worries. He was not as bullish on Leap Wireless (LEAP - Get Report), saying there is likely no takeover happening at that company. CRM shares ended Thursday up 1% but LEAP plummeted 6.8%.
Cramer was also bearish on Columbia Sportswear (COLM - Get Report), because the winter has been too warm and now the company has inventory problems. He is likewise leery of Corning (GLW - Get Report), saying the company's scratch-proof Gorilla Glass has been selling slowly. COLM fell 2.6% while GLW was off 1.8%.Cramer ended on an upbeat note, however, recommending ASML (ASML - Get Report), a company that reported bad numbers and still saw its stock rise, and Hertz (HTZ - Get Report), noting that recent downgrades have been misplaced. Investors rewarded ASML by pushing shares up 7.1% while HTZ ended the day with a more modest 1.4% increase. 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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