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(Updates from 10:44 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.
Jefferies downgraded Juniper Networks (JNPR). Cramer agreed, saying that in this part of the technology sector Cisco (CSCO) is the winner. Cisco is a holding in Cramer's charitable trust, Action Alerts Plus. JNPR fell 1.4% to $20.75.
Cramer disagreed with the downgrade of one of his faves, VF Corp (VFC), to hold from buy. He said the company's management is doing well and the stock should be bought on any weakness. VFC fell 1.1% to $194.86.Wells Fargo says to buy Mondelez (MDLZ).Cramer said we'll hear more about any potential merger with PepsiCo (PEP) when the latter reports earnings on Wednesday. MDLZ was unchanged at $30.70. Cramer says to buy Biogen (BIIB), which is his strategy for other biotech stocks that have had pullbacks this year. BIIB rose nearly 1% to $231.67. On Schlumberger (SLB), Cramer said the company has had its "best quarter of the year so far," with the company nailing every metric. SLB rose 1.3% to $83.81. Broadcom (BRCM), meanwhile, has been "a real dog" this year, according to Cramer. Goldman Sachs may not be worried about the company, he said, but he's not going to take a stand on the stock. BRCM fell 1.3% to $33.25. 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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