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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) on accounting worries. He was not as bullish on Leap Wireless (LEAP), 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), because the winter has been too warm and now the company has inventory problems. He is likewise leery of Corning (GLW), 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), a company that reported bad numbers and still saw its stock rise, and Hertz (HTZ), 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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