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(Updates from 10:36 a.m. ET with closing information.)
NEW YORK (
TheStreet) -- Here's what Jim Cramer had to say on
CNBC's "Squawk on the Street" Wednesday.
Merrill Lynch upgraded
Best Buy(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
Halliburton(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.
Francesca's(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
Michael Kors(KORS), which is doing very well. FRAN dropped like a stone by 26% to $17.79.
Facebook(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
Nike(NKE) has been strong as of late, which could be beneficial to the sporting goods retailer. DKS rose by 2% to $47.79.
Micron(MU - Get Report) and
SanDisk(SNDK) are benefiting in a big way from the recent factory fire at
Hynix, a maker of flash memory and DRAM. MU ended the day 5.3% higher at $14.75.
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