Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".
(Updates from 11:06 a.m. ET with closing information.) NEW YORK ( TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk On The Street" Friday: Cramer said a recent downgrade of Terex ( TEX) makes sense as it does a lot of business in Europe. He was bullish on buying Hess ( HES) below $70 a share and said he'd buy Kimberly-Clark ( KMB) as its yield increases. TEX ended trading down 2.3% to $31.11. HES was flat at $71.69 while KMB rose 1% to $99.31. Cramer had move love for Netflix ( NFLX), saying he's a believer in that company, as well with Blackstone ( BX), the private equity firm with a lot of IPOs in the pipeline. NFLX fell 1.2% to $164.66 and BX was flat at $19.50. Finally, Cramer said he even likes Caterpillar ( CAT), but only below $79 a share. CAT closed unchanged at $84.60. 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