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(Updates from 10:32 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.
Verizon(VZ - Get Report) keeps getting the love from analysts, this time from Deutsche Bank, which upgraded the stock to buy from hold. VZ closed up 2.3% to $50.01.
Advanced Micro Devices(AMD - Get Report) missed on earnings. Cramer said it was a bad report, mainly due to poor PC sales. AMD dropped 13.7% to $3.53.
Baker Hughes(BHI - Get Report) reported a "magnificent number," according to Cramer. He thinks the company may have finally gotten it together. BHI jumped 7.3% to $55.55.
Raymond James downgraded
Baxter International(BAX - Get Report) to hold from buy. Cramer said it makes sense for the company to split up since it essentially has two different businesses. BAX closed 1.8% lower at $66.
Amazon(AMZN - Get Report) is higher because UBS said e-commerce is doing well, contradicting what
eBay(EBAY) said on its conference call. Cramer suggested that perhaps "it's raining on eBay's side of the street." AMZN rose 5.8% to $328.93.
Cantor Fitzgerald downgraded
UnitedHealth Group(UNH - Get Report) to hold from buy. Cramer said the company reported surprisingly poor earnings results. UNH fell 3.7% to $68.76.
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