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(Updates from 10:39 a.m. ET with closing information.)
NEW YORK (
TheStreet) -- Here's what Jim Cramer had to say on
CNBC's "Squawk On The Street" Monday.
Micron Technology(MU - Get Report) was downgraded by Wells Fargo. "That's shortsighted," Cramer said, stressing the stock is a good buy. MU ended the day 2.4% higher at $12.95.
Entergy(ETR - Get Report) is a good name to be in if the utility sector begins to perk up. ETR rose 2% to $69.57.
Hewlett-Packard(HPQ - Get Report) is going down 10%, but Cramer remains bullish, saying, "I don't like this call." HPQ fell 1% to $24.49.
Morgan Stanley(MS - Get Report) was downgraded by Oppenheimer. While Cramer understands the call is based on fundamentals, he thinks it is "premature." MS rose nearly 1% to $27.15.
Cree's(CREE - Get Report) LED bulbs finally look "normal," according to Cramer, and he likes the company going forward. CREE rose 1.1% to $63.53.
Weyerhaeuser(WY - Get Report) to outperform. Cramer agreed, noting that it's a good play on housing. WY was unchanged at $29.10.
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