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(Updates from 10:48 a.m. ET with closing information.)
NEW YORK ( TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk On The Street" Thursday:
Cramer is a believer in Under Armour (UA - Get Report) and expects the company to have a terrific summer. He said that there aren't a lot of believers in Adobe (ADBE - Get Report), but that company continues to prove the analysts wrong. UA rose 1.9% Thursday to $56.03 while ADBE was up 1.1% to $45.21.
It was a mixed bag for Fortinet (FTNT - Get Report), he said, because Web security remains a challenged sector. However, Cramer is a fan of Acadia Pharmaceuticals (ACAD - Get Report) and Celgene (CELG - Get Report), a stock he said is seeing a "radical revaluation."FTNT was down 13.1% to $18.99 but investors loved ACAD, pushing shares 64.4% higher to $13.10. CELG was up a more modest 1.8% to $122.99. Finally, Cramer continues to pound the table for Realogy (RLGY - Get Report), saying the company is practically giving money away. RLGY ended the trading day up 4.5% to $46.25. 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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