Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".
(Updates from 10:40 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:
A recent downgrade of Safeway (SWY - Get Report) is well behind the curve as that stock has already rallied big time, Cramer said. He was bearish on Mellanox (MLNX - Get Report), telling investors to "stay away." SWY ended Thursday down 2.7% while MLNX was off 1.3%.
However, Cramer was bullish on
(BMY - Get Report), a stock he owns in his
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts