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(Updates from 10:33 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.
Goldman Sachs downgraded Allergan (AGN) for lack of earnings catalysts over the next several years. Cramer only added that the move was "brutal." AGN was down 3.7% to $92.70.Zynga (ZNGA) was downgraded by Morgan Stanley. Cramer agreed with the move. "It's still too early for Zynga." ZNGA dropped by 5.1% to $2.71. Southern Company (SO) and other utilities look like a buy after the pullback, according to Cramer, but he's waiting for Southern to come in a little more. SO rose 1.5% to $43.10. Newmont Mining (NEM) and the rest of the gold miners have been disastrous. Cramer cautioned investors to "stay away." NEM was up 1% to $30.05. BMO upgraded Kimberly Clark (KMB), but Cramer didn't think it was quite time to buy. However, he said that "this is a great company. I would never sell." KMB ended the day at $95.78, up 1.2%. 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 @BretKenwell
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