(Updates from 10:52 a.m. ET with closing information.)
NEW YORK (TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk on the Street" Thursday.
Goldman Sachs downgraded Phillip Morris International (PM) to neutral from conviction buy. Cramer said things seem to be slowing on the international front. PM closed 3% lower at $86.60.
Oppenheimer downgraded Pioneer Natural Resources (PXD) to hold from buy. Cramer said investors are shifting out of U.S. independent oil companies and into names like Chevron (CVX) and Exxon Mobil (XOM). Even Warren Buffett recently took a large position in Exxon, Cramer pointed out. PXD was up 2% to $186.72.
Nu Skin Enterprises (NUS) provided solid forward guidance and is doing "much better" now due to its direct selling, Cramer said. NUS was up 3.8% to $119.05.
Citigroup says to buy J.M. Smucker (SJM) on a pullback. Cramer thought it was interesting Citi said not to worry about the "K-cup erosion." SJM rose 1.5% to $103.02.
Rite Aid (RAD) is "up 275% for the year and it is not done," Cramer said. Deutsche Bank initiated coverage as a buy with a $7 price target. RAD closed up 3.5% to $5.28.
GameStop (GME) provided disappointing guidance in this morning's earnings report. But Cramer has "great confidence that this company will come back in 2014." GME dropped 6.9% to $48.80.
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-- Written by Bret Kenwell in Petoskey, Mich.