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NEW YORK (
) -- Here's what Jim Cramer had to say on
's "Squawk On The Street" Thursday:
have been falling ever since the company's CEO made negative comments. "I don't know," was all Cramer would say about the stock.
Cramer was more bearish on
, saying that with the budgetary "fiscal cliff" looming, investors should get out of the defense stocks.
, Cramer said it is plain that people are "freaking out" over coal and Joy Global is a coal play. Turning to
, he said that many have called a bottom in natural gas, but this stock would say otherwise.
In the retail sector, Cramer said
used to be an aspirational brand, but now it's just a brand gone bad.
Finally, he said
remains a high-risk, high-reward name and he has a lot of questions he'll be asking CEO Marc Benioff on "Mad Money" later Thursday.
--Written by Scott Rutt in Washington, D.C.
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At the time of publication, Cramer's Action Alerts PLUS had positions in none of the stocks mentioned.
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