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(Updates from 10:11 a.m. ET to add closing information.) NEW YORK ( TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk On The Street" Wednesday: Westport Innovations ( WPRT - Get Report) rallied big on an expected Romney win, but is now selling off big and investors should steer clear, Cramer said. He was likewise bearish on shipbuilder Huntington Ingalls ( HII - Get Report), saying this stock is the most levered to the pending fiscal cliff. With the markets down sharply Wednesday, Westport was off nearly 7% and Huntington was down 3.3%. Also in the negative camp, Capital One Financial ( COF - Get Report), which continues to be under government scrutiny, and biotech Vivus ( VVUS - Get Report), which is not seeing strong demand for its latest offerings. Shares of the bank closed 2.6% lower while Vivus dropped 7.3%. Cramer was bullish on SBA Communications ( SBAC - Get Report), however, saying telecoms are upping their capital spending, which is good news for SBA. Its shares were a bright spot, closing up nearly 1%. Finally, Cramer was negative on U.S. Steel ( X - Get Report) amid reports of more steel dumping from Asia. Its shares closed 3% lower. To sign up for Jim Cramer's free Booyah! newsletter with all of his latest articles and videos please click here. --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