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(Updates from 11:37 a.m. ET with closing information.)
NEW YORK (
) -- Here's what Jim Cramer had to say on
's "Squawk On The Street" Wednesday:
Cramer agrees with the analyst upgrade on
(IBM - Get Report)
and he's also bullish on
(MWE - Get Report)
, a stock he called one of the best pipeline MLPs out there. IBM ended Wednesday trading up 2.8% to $212 while MWE fell 1.2% to $60.67.
Cramer was also bullish on
and well as
(ABC - Get Report)
, saying the analysts have missed the move in Amerisource. SRPT fell 2.5% to $38.85 but ABC rose 1% to $53.30.
Cramer was more skeptical on
(AGU - Get Report)
and also on
(QCOM - Get Report)
, noting that a tech rally needs to include Qualcomm, and so far we haven't seen one. AGU fell 1% to $94.10 while QCOM ended trading 2% higher at $67.29.
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-- Written by Scott Rutt in Washington
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