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(Updates from 10:59 a.m. ET with closing information.)



) -- Here's what Jim Cramer had to say on


"Squawk On The Street" Friday.


(GME) - Get GameStop Corp. Class A Report

has been in an endless short squeeze, according to Cramer. "Don't get in front of this thing," he warned. GME rose 3.9% to $39.01.

Eli Lilly

(LLY) - Get Eli Lilly and Company (LLY) Report

recently failed in its mid-stage clinical trials for its Alzheimer's drug but, according to Cramer, people don't care because they love the stock so much. LLY was unchanged at $52.05.

Goldman Sachs downgraded


(RBCN) - Get Rubicon Technology, Inc. Report

to sell after sales are expected to drop because its top customer will likely lose market share in the LED space. Cramer concurred. RBCN plummeted 8.9% to $7.18 Friday.

TheStreet Recommends

American Express

(AXP) - Get American Express Company Report

was downgraded by Barclays to hold from buy but Barclays raised its price target. "I find that confusing. You hate it but you like it," Cramer said. SXP fell 3% to $72.97.

KeyBank thinks

Hormel Foods

(HRL) - Get Hormel Foods Corporation (HRL) Report

"is a winner," Cramer said. "This has become a very acquisitive company," he said, pointing out a bullish reverse head-and-shoulders pattern on the company's chart. HRL closed at $40.13 Friday, up nearly 1%.

Clean Harbors

(CLH) - Get Clean Harbors, Inc. Report

is still one of Cramer's favorite companies despite its recent purchase of Safety-Kleen, a move he questions. CLH was flat at $54.77.

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-- Written by Bret Kenwell in Petoskey, Mich.

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At the time of publication, Cramer's Action Alerts PLUS had no position in the stocks mentioned.

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