(Updates from 10:52 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.
Goldman Sachs downgraded Phillip Morris International (PM - Get Report) to neutral from conviction buy. Cramer said things seem to be slowing on the international front. PM closed 3% lower at $86.60.
Oppenheimer downgraded Pioneer Natural Resources (PXD - Get Report) to hold from buy. Cramer said investors are shifting out of U.S. independent oil companies and into names like Chevron (CVX) and Exxon Mobil (XOM). Even Warren Buffett recently took a large position in Exxon, Cramer pointed out. PXD was up 2% to $186.72.
Nu Skin Enterprises (NUS - Get Report) provided solid forward guidance and is doing "much better" now due to its direct selling, Cramer said. NUS was up 3.8% to $119.05.
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-- Written by Bret Kenwell in Petoskey, Mich.