Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".
(Updates from 10:58 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:
Cramer said Chart Industries (GTLS - Get Report) remains one of the best ways to play America's oil and gas boom. He was also bullish on Gap Stores (GPS - Get Report), which told a great story when it last reported earnings. GTLS shares ended the week up 6.9% while GPS rose 2.9%.
In the negative camp, Cramer was bearish on Wendy's (WEN - Get Report), which is fending off threats from a stronger McDonald's (MCD). He also took viewers to watch out for FDA investigations into Intuitive Surgical's (ISRG - Get Report) surgical robots. WEN fell Friday by 3.3% but ISRG was up 8.5%.Even cloud computing and big data can't fight the negative headwinds of the market, said Cramer, as evidenced by weak shares of Splunk (SPLK - Get Report). SPLK rose 7.9%. Finally, Cramer said OmniVision (OVTI - Get Report) is lower on reports of slowing sales for Apple (AAPL) devices. OVTI was down 11.7% Friday. 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