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(Updates from 10:41 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.
Facebook(FB - Get Report) and Cramer joked that it's about time someone upgraded the stock, which is a holding in his charitable portfolio, Action Alerts PLUS. He added that Sterne Agee had a note regarding the company's entry into China. FB rose 2.1% to $49.46.
Morgan Stanley downgraded
Carnival(CCL - Get Report) and Cramer said the cruise ship line's orders are obviously quite low thanks to previous well-publicized problems. CCL sank 5.3% to $32.70
Boeing(BA - Get Report) was upgraded by Bernstein. Cramer thinks the stock can do even better than the $146 price target Bernstein expects, and set his own $152 price target. BA was flat at $118.51.
Jabil Circuit(JBL - Get Report) is getting a lot of business from
Apple(AAPL), Cramer said. He added "the story is not over" for Apple, another AAP holding. JBL rose 1.2% to $24.
Intuitive Surgical(ISRG - Get Report) has issues, Cramer said, but he wanted to point out the company after a smaller competitor,
Mako Surgical(MAKO), was acquired by
Stryker(SYK). ISRG was 1% higher at $367.31.
KB Home(KBH - Get Report) has been good, but "you want to buy
Lennar(LEN - Get Report)," Cramer concluded. KBH was up 1.9% to $18.10 while LEN rose 1.1% to $36.39.
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