Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".
(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) and expects the company to have a terrific summer. He said that there aren't a lot of believers in Adobe (ADBE), 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), he said, because Web security remains a challenged sector. However, Cramer is a fan of Acadia Pharmaceuticals (ACAD) and Celgene (CELG), 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), 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
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