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(Updates from 10:18 a.m. ET with closing information.) NEW YORK ( TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk On The Street" Monday: Cramer said that perhaps he was too hard on Lululemon Athletica ( LULU - Get Report) after the company owned up to a product recall. He was also in a forgiving mood with CNOOC ( CEO), saying the Chinese oil companies are being revalued more closely to their peers. LULU ended Monday trading up 1.2% to $63.08 and CEO rose 2.6% to $189.90. Cramer said he's still cautious on Finish Line ( FINL) but thinks the CEO transition at ARM Holdings ( ARMH) is going well. Cramer also felt the analysts are way behind on the good things happening at Yum Brands ( YUM - Get Report). However, he continues to believe sales are fleeing JC Penney ( JCP - Get Report). FINL fell 2.9% to $18.19 while ARMH rose 3.3% to $41.42. YUM also rose, by 1.5% to $70.70. JCP ended Monday down 1.6% at $15.18. 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. To email Scott about this article, click here: Scott Rutt Follow Scott on Twitter @ScottRutt or get updates on Facebook, ScottRuttDC