Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".
(Updates from 10:36 a.m. ET with closing information.)
NEW YORK (
) -- Here's what Jim Cramer had to say on
"Squawk on the Street" Wednesday.
Merrill Lynch upgraded
to hold from sell. Cramer said the once-hated stock continues to get some love from analysts. BBY was unchanged at $37.14.
Cramer noted that Sterne Agee is positive on
following the company's recent Dutch tender offering, which weighed on the stock over the past several trading sessions. HAL was up 1.6% to $49.08.
is getting crushed following an earnings miss. Cramer pointed out the contrast between lower-end and teen apparel versus a higher-end player like
, which is doing very well. FRAN dropped like a stone by 26% to $17.79.
got a price target boost to $50 at Baird. Cramer likes that, especially since his Action Alerts PLUS charitable portfolio owns shares. FB was flat at $41.78.
Citigroup is optimistic on
Dick's Sporting Goods
ahead of its Sept. 19 analyst meeting. Cramer said
has been strong as of late, which could be beneficial to the sporting goods retailer. DKS rose by 2% to $47.79.
are benefiting in a big way from the recent factory fire at
, a maker of flash memory and DRAM. MU ended the day 5.3% higher at $14.75.
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-- Written by Bret Kenwell in Petoskey, Mich.
At the time of publication, Cramer's Action Alerts PLUS had a position in FB.
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