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(Updates from 11:01 a.m. ET with closing information.)
NEW YORK (
) -- Here's what Jim Cramer had to say on
"Squawk On The Street" Wednesday.
"Everybody's picking on the Web today," Cramer said of
(TRIP - Get Report)
is down. Be careful, the group is consolidating. It's just run too much. TRIP ended Wednesday trading down 4.6% to $52.49.
(WBMD - Get Report)
is an example of an Internet company that hasn't had its run. Investors are leaving Internet companies that have soared and going into ones that haven't, such as this one, he said. WBMD jumped 9.5% to $27.94.
(TRV - Get Report)
has been "one of the monster stocks on the
," Cramer said. "It's done a remarkable job and it goes ... higher." TRV rose 1.5% to $87.28.
Asked about valuation issues at
(YHOO - Get Report)
, Cramer responded, "Has [CEO] Marissa Mayer done anything wrong yet at Yahoo!? I don't think so." He added that she is now questioning the terms of the company's Internet search deal with
. "She's starting to say, 'Microsoft, you got too good a deal.' I think she's going to find a way to make that deal better" for Yahoo!. YHOO closed up 1.3% to $26.41.
Cramer was amazed at Carl Icahn's continued buying of
(HLF - Get Report)
stock. "When's he going to quit?" HFL rose 1.5% to $43.66.
Finally, Cramer said
(EOG - Get Report)
, whose CEO Mark Papa was on "Mad Money" last night, has "an oil revolution. They have found [oil in] Prudhoe Bay, in the Eagle Ford, and they have a new one in the Delaware Basin that no one is talking about." EOG was 1.6% higher at $137.90.
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-- Written by Anthony Buccino in New York.