Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".
(Updates from 10:21 a.m. ET with closing information and corrects Skyworks Solutions' ticker symbol in story.)
NEW YORK ( TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk On The Street" Wednesday:
Cramer said investors can't get enough of the drugstore group, which is why Walgreen (WAG) is going higher. He was also upbeat on Anadarko Petroleum (APC - Get Report) because its newest oil and gas find could be worth $4 a share. WAG ended Wednesday trading up 2.9% to $46.02 while APC rose 3.8% to $86.40.
Cramer said he doesn't want to touch social gamer Zynga (ZNGA - Get Report) but is bullish on biotechs including Biogen Idec (BIIB - Get Report). He also gave the nod to uniform supplier Cintas (CTAS - Get Report), saying the company is an employment play. ZNGA fell 3.8% to $3.34 but BIIB rose 1.4% to $178.10. CTAS fell 4.5% to $43.88.Finally, he said Skyworks Solutions (SWKS - Get Report) "ain't bad" despite its tie to Apple (AAPL), which has been weighing on the stock. SWKS ended the day up 5 cents at $21.68. 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
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