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(Updates from 10:52 a.m. ET with closing information.)
NEW YORK (
) -- Here's what Jim Cramer had to say on
"Squawk On The Street" Friday.
Cramer said semiconductor stocks have been "red hot" but not
(KLAC - Get Report)
. "I understand. It's a little overreaction," he said. KLAC fell 6.8% to $52.11.
"Not only does Goldman Sachs want to sell it, they've put it on the 'conviction sell' list," Cramer said of
. He said the beer market is a little shaky right now and summed up Goldman's reaction as "we don't just hate it, we
hate it," adding, "I bet (Goldman) doesn't drink Bud anymore." BUD was 2.2% lower at $94.13.
Cramer says give
(VFC - Get Report)
a break. There are people who kick about CEO Eric Wiseman, but the guy's conservative. VFC ended Friday down 2.2% at $174.82.
The most relevant thing about
is it changed its name. "I saw nothing good on the call whatsoever," Cramer said. Of the name change, he said the company can run but it can't hide. CSTR was unchanged at $54.93.
Despite a disappointing rheumatoid arthritis drug in Europe for
(PFE - Get Report)
, Cramer says, "I think they'll be back. I wouldn't bet against Pfizer." PFE was down 1% at $30.90.
begets trouble for
(CRUS - Get Report)
. "Anything with Apple taint is going to be hurt when Apple hurts, Cramer said. CRUS dropped 8.9% lower to $17.87.
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-- Written by Anthony Buccino in New York