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(Updates from 10:29 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 believes a number of investors don't like
Synovus Financial(SNV - Get Report), but they're wrong and this bank will go higher. That compares to
Texas Instruments(TXN - Get Report), which told investors things weren't so bad, then guided below Street estimates. Investors continued to disagree, sending SNV down 4.1% Wednesday. TXN was off 1.1%.
Cramer was upbeat on
Unilever(UL) because that company is a great consumer packaged-goods play, and
Cree(CREE - Get Report), a company that is finally delivering new energy-efficient LED light bulbs. UL was up 2.6% but CREE jumped 22.1%.
Rounding out the group, Cramer urged investors to use caution with
Map Pharmaceuticals(MAPP), saying that
Allergan(AGN) is plotting to own the migraine market. He also says be careful about
KB Homes(KBH - Get Report) because there's a secondary offering coming soon for the stock.
Investors ignored the caution, pushing MAP up 58.6% Wednesday. KBH ended the day 8.9% higher.
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