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(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 Philip Morris International Inc. 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 Pioneer Natural Resources Company Report to hold from buy. Cramer said investors are shifting out of U.S. independent oil companies and into names like Chevron (CVX) - Get Chevron Corporation Report and ExxonMobil (XOM) - Get Exxon Mobil Corporation Report. 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 Nu Skin Enterprises, Inc. Class A 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.

Citigroup says to buy J.M. Smucker (SJM) - Get J.M. Smucker Company (SJM) Report on a pullback. Cramer thought it was interesting Citi said not to worry about the "K-cup erosion." SJM rose 1.5% to $103.02.

Rite Aid (RAD) - Get Rite Aid Corporation Report is "up 275% for the year and it is not done," Cramer said. Deutsche Bank initiated coverage as a buy with a $7 price target. RAD closed up 3.5% to $5.28.

GameStop (GME) - Get GameStop Corp. Class A Report provided disappointing guidance in this morning's earnings report. But Cramer has "great confidence that this company will come back in 2014." GME dropped 6.9% to $48.80.

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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.

  Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for, Inc., and CNBC, and a director and co-founder of All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of or its affiliates, or CNBC, NBC Universal or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or is related to the specific opinions expressed by him on "Mad Money."

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