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(Updates from 10:35 a.m. ET with closing information.)
NEW YORK ( TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk On The Street" Friday.
United Continental (UAL) was upgraded to neutral from sell by Goldman Sachs. Cramer likes that call because he sees the airline group "not as a trade, but an investment." UAL ended Friday trading up 7.4% to $32.94.
Monsanto (MON) announced a $2 billion share repurchase plan. Cramer said this may help the stock rebound from a bad quarter. MON rose 3% to $101.65.GAP (GPS) announced strong retail sales numbers. Cramer loved it. "These guys are back!" he exclaimed. GPS ended at $42.09, up 2.7%. RBC likes Biogen (BIIB), whose shares rose after a recent pullback. According to Cramer, the fact that biotech is back is a good sign. BIIB rose by 1.7% to $225.02. Tivo (TIVO) settled a longstanding DVR patent lawsuit with Google's (GOOG) Motorola and clearly investors were not happy with the results, Cramer said. TIVO turned off investors, plummeting 19.1% to $11.10. Arch Coal (ACI) and other coal stocks are all headed lower, according to Raymond James. "It's a little late to sell" these stocks now, Cramer said. ACI ended the day 3.9% lower at $4.91. To sign up for Jim Cramer's free Booyah! newsletter, with all of his latest articles and videos, please click here. -- Written by Bret Kenwell in Petoskey, Mich. Follow @traderboy23
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