Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".
(Updates from 10:36 a.m. ET with closing information.)
NEW YORK (
) -- Here's what Jim Cramer had to say on
"Squawk on the Street" Wednesday.
Merrill Lynch upgraded
(BBY - Get Report)
to hold from sell. Cramer said the once-hated stock continues to get some love from analysts. BBY was unchanged at $37.14.
Cramer noted that Sterne Agee is positive on
(HAL - Get Report)
following the company's recent Dutch tender offering, which weighed on the stock over the past several trading sessions. HAL was up 1.6% to $49.08.
(FRAN - Get Report)
is getting crushed following an earnings miss. Cramer pointed out the contrast between lower-end and teen apparel versus a higher-end player like
, which is doing very well. FRAN dropped like a stone by 26% to $17.79.
(FB - Get Report)
got a price target boost to $50 at Baird. Cramer likes that, especially since his Action Alerts PLUS charitable portfolio owns shares. FB was flat at $41.78.
Citigroup is optimistic on
Dick's Sporting Goods
(DKS - Get Report)
ahead of its Sept. 19 analyst meeting. Cramer said
has been strong as of late, which could be beneficial to the sporting goods retailer. DKS rose by 2% to $47.79.
(MU - Get Report)
are benefiting in a big way from the recent factory fire at
, a maker of flash memory and DRAM. MU ended the day 5.3% higher at $14.75.
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-- Written by Bret Kenwell in Petoskey, Mich.