Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".
(Updates from 10:46 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 upgraded
(OPEN) to buy from hold. Cramer said he likes the company and
(YELP) is not taking from its market share. OPEN rose 2.5% to $65.54.
(BIDU - Get Report) is the one Chinese stock Cramer said he feels comfortable recommending after its upgrade by Morgan Stanley. BIDU rose 1.4% to $127.56.
Bank of America raised
(RTN - Get Report)
to neutral from underperform. Cramer said upgrading the stock the day after earnings results are released is useless research. RTN was unchanged at $70.01.
(CPB - Get Report)
has been a laggard this year while the food group has been doing well lately, Cramer said. CPB rose nearly 1% to $47.07.
Raymond James downgraded
(LUV - Get Report)
to market-perform from outperform . Cramer agreed, saying the company was the weakest in the group and that
Delta Air Lines
had strong reports. LUV was flat at $13.79.
(LEA - Get Report)
is up over 40% on the year. Cramer said that if you're taking profits into the strength of the auto group, you're doing well. LEA rose 2.8% to $67.80.
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.
Check Out Our Best Services for Investors
Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts