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(Updated from 10:25 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 if the rumors are true and Cablevision (CVC) could be bought for $20 a share, that would be big news for the stock. CVC closed up 34 cents, or 2.5%, to $14.08 Friday.
Money seems to be moving towards some of the lagging European companies, which is good news for great companies like Unilever (UL), he added. UL closed 15 cents lower at $41.20.Investors may also be moving back into stocks related to Apple (AAPL), which explains why ARM Holdings (ARMH) has been rallying, said Cramer, who was also bullish on home builder Lennar (LEN) and railroad CSX (CSX) on positive comments made by the company. ARMH rose 15 cents to $41.91, LEN fell 17 cents to $41.77 and CSX rose 16 cents, or 1%, to $24.02. Cramer's only negative for the day was Intuitive Surgical (ISRG), whose surgical robots' usefulness has been coming under fire recently. ISRG fell $30.45, or 6.2%, to $459.44. 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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