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NEW YORK (TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk on the Street" Friday.
Turkey's tax increase on cigarettes won't help Philip Morris International (PM - Get Report), according to Citigroup. Cramer warned investors that "many countries are against both sodas and tobacco." PM fell 1% to $85.53.
According to Wells Fargo, Johnson & Johnson (JNJ - Get Report) has bigger drug products currently in its pipeline. Cramer added that CEO Alex Gorsky "is the best in that industry." JNJ is a holding in Cramer's charitable trust, Action Alerts PLUS. JNJ was 1% higher to $91.85.
Joy Global (JOY - Get Report) recently reported a bad earnings quarter, Cramer said, yet the stock went up to $58 from $53. "People were really mystified" by that but the stock is now coming back down and Cramer agrees with Goldman Sachs, which downgraded JOY to sell from hold. JOY fell 1.2% to $55.68.
After finishing as one of the top-five best performing stocks in the S&P 500 for 2013, is the epic run for Micron (MU - Get Report) over? Cramer hasn't decided but told viewers to tune into his Mad Money program tonight to find out. MU dropped 3.2% to $20.97.
Evercore Partners says there is upside to Sirius XM Radio's (SIRI - Get Report) acquisition of Agero's telematics, or connected vehicle, unit and upgraded the stock to buy from hold. Cramer suggested that " if you like Rite Aid (RAD) you should "buy Sirius Satellite." SIRI ended the day 2% higher at $3.57.
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-- Written by Bret Kenwell in Petoskey, Mich.