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(Updates from 10:23 a.m. ET with closing information.)
NEW YORK (
TheStreet) -- Here's what Jim Cramer had to say on
CNBC's "Squawk on the Street" Thursday.
Credit Suisse downgraded
GlaxoSmithKline(GSK - Get Report) to sell from hold. Cramer said if investors think the market is going to reverse, they should sell the stock now. GSK rose 1% to $49.69.
Ascena Retail Group(ASNA - Get Report) had a good quarter and surprised investors. "Maybe it can go higher," he concluded. ASNA was up 1% to $19.79.
Sony(SNE - Get Report) to hold from buy. Cramer said the analyst's reasoning conflicts with
Best Buy's(BBY) strong upside move. SNE fell 1% to $19.57.
Netflix(NFLX - Get Report) now has a $425 price target at Needham. Cramer said he doesn't like to short stocks like this. NFLX jumped 5.4% to $303.99.
J.P. Morgan upgraded
Stratasys(SSYS - Get Report) to buy from hold. Cramer said 3-D printing is "one of the most exciting areas of the market." SSYS soared 7% to $99.24.
Deckers Outdoor(DECK) reports earnings in the last week of October and Credit Suisse said it will miss. Cramer warned investors to be careful with the stock. DECK fell 1.3% to $61.34.
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