Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".
NEW YORK ( TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk On The Street" Thursday: Cramer said there's been a lot of talk about Salesforce.com ( CRM) recently and "the cloud is back." He was less optimistic about Northrop Grumman ( NOC), saying the stock is inexpensive but he sees no catalyst to own it. Cramer said the negatives are already built into UPS ( UPS), so he's looking to buy. He was also not concerned over Cliffs Natural Resources ( CLF), saying the company's dividend is safe. Finally, Cramer said Red Hat ( RHT) remains an inexpensive stock. He admitted he doubted Equinix ( EQIX) at $100 a share. "Boy, I stand corrected," he said. --Written by Scott Rutt in Washington, D.C. To email Scott about this article, click here: Scott Rutt Follow Scott on Twitter @ScottRutt or get updates on Facebook, ScottRuttDC To watch replays of Cramer's video segments, visit the Mad Money page on CNBC.
