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(Updates from 11:39 a.m. ET with closing information.)
NEW YORK (
TheStreet) -- Here's what Jim Cramer had to say on
CNBC's "Squawk On The Street" Wednesday:
Cramer said sequestration could spell bad news for
(CRL) and its government contracts, which makes him worried. CRL shares fell 4.5% to $42.19 Wednesday.
But he was not worried about luggage maker
(TUMI) at the high end of retail or
(DLTR) at the low end, however. TUMI was up 1% to $21.50 while DLTR was unchanged at $47.26.
Cramer said he's not a seller of
and would be a buyer of
as crop prices continue to fall. LM was down 3.7% to $30.49 but PNRA rose 2.5% to $169.50.
Finally, Cramer said he would wait a few days to buy shares of
as the markets digest the latest news from that sector. VLO ended the day down 4.3% to $40.60.
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-- Written by Scott Rutt in Washington
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