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NEW YORK (TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk on the Street" Thursday.
Jefferies upgraded Johnson & Johnson (JNJ - Get Report) to buy from hold and increased its price target to $108. Cramer said the company, a holding in his charitable portfolio, Action Alerts PLUS, has a "great pipeline" of products and CEO Alex Gorsky is fabulous. JNJ rose 1% to $94.73.
Canaccord says Deckers Outdoor (DECK) is going higher and Cramer agreed with the call. He said there seems to be a line at every store, suggesting demand has remained high. DECK rose 2.6% to $88.11.
Bernstein likes Royal Bank of Scotland (RBS) and Cramer does, too, saying it's a good breakup story. The stock "goes much higher," he concluded. RBS rose 1.4% to $11.96.
Baird upgraded Valspar (VAL) to buy from hold and increased its price target to $80. Cramer said it's a "housing play" with some industrial exposure. VAL ended the day up 1.4% to $72.28.
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-- Written by Bret Kenwell in Petoskey, Mich.