Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".
(Updates from 10:53 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.
(WPZ - Get Report) is downgraded by Credit Suisse to neutral from outperform, despite the apparent insurance coverage on its plant explosion from earlier this year. WPZ was unchanged at $51.60.
(REGN - Get Report). Cramer says it's been one of the strongest stocks of the year and adds, "I would not sell it here." REGN fell 4.1% to $224.88.
Topeka Capital upgrades
(FB - Get Report)
, and Cramer says it's positive news. He also says, however, that he doesn't expect the stock "to take off today" because it's had a terrible quarter and year. FB was up 1% to $24.88.
(BIIB - Get Report)
is an end-of-the-quarter "gift," according to Cramer, who points to the better-than-expected results from the company's MS treatment trials. BIIB was 3.1% higher at $215.20.
Goldman Sachs added
to its conviction buy list and Cramer says he completely agrees with the call. UL was unchanged at $40.45.
(KBH - Get Report)
is a good company, but increased mortgage rates are going to weigh on the stock price, Cramer says. KB Homes was flat at $19.63.
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-- Written by Bret Kenwell in Petoskey, Mich.