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NEW YORK ( TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk On The Street" Wednesday: Shares of Netflix ( NFLX) aren't seeing anything positive happening today and are merely rising on short covering, Cramer said. Meanwhile, shares of Yahoo! ( YHOO) are seeing a lot of positive things happening as a result of new CEO Marissa Mayer, which is why Cramer feels that stock will break out soon. In the "ho-hum" category, Cramer said the world will need more oil rigs from National Oilwell Varco ( NOV) eventually, but investors will see nothing in the short term. He was also bearish on Microsoft ( MSFT), saying the company's new Windows product cycle appears to be a "yawner" with investors. Cramer was much more excited about Gilead Sciences ( GILD), a much loved stock that he said is going much higher. Likewise with Priceline.com ( PCLN), a stock that had lost its luster but is now starting to make a comeback. --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