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(Updates from 10:18 a.m. ET with closing information.)
NEW YORK ( TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk On The Street" Monday:
Cramer said that perhaps he was too hard on Lululemon Athletica (LULU - Get Report) after the company owned up to a product recall. He was also in a forgiving mood with CNOOC (CEO), saying the Chinese oil companies are being revalued more closely to their peers.
LULU ended Monday trading up 1.2% to $63.08 and CEO rose 2.6% to $189.90.Cramer said he's still cautious on Finish Line (FINL - Get Report) but thinks the CEO transition at ARM Holdings (ARMH) is going well. Cramer also felt the analysts are way behind on the good things happening at Yum Brands (YUM - Get Report). However, he continues to believe sales are fleeing JC Penney (JCP - Get Report). FINL fell 2.9% to $18.19 while ARMH rose 3.3% to $41.42. YUM also rose, by 1.5% to $70.70. JCP ended Monday down 1.6% at $15.18. 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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