Cramer's 6 Stocks in 60 Seconds: CRM LEAP COLM GLW ASML HTZ (Update 1)
(Updates from 10:55 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:
Cramer said that he wouldn't sell Salesforce.com (CRM) on accounting worries. He was not as bullish on Leap Wireless (LEAP) , saying there is likely no takeover happening at that company. CRM shares ended Thursday up 1% but LEAP plummeted 6.8%.
Cramer was also bearish on Columbia Sportswear (COLM) , because the winter has been too warm and now the company has inventory problems. He is likewise leery of Corning (GLW) , saying the company's scratch-proof Gorilla Glass has been selling slowly. COLM fell 2.6% while GLW was off 1.8%.
Cramer ended on an upbeat note, however, recommending ASML (ASML) , a company that reported bad numbers and still saw its stock rise, and Hertz (HTZ) , noting that recent downgrades have been misplaced. Investors rewarded ASML by pushing shares up 7.1% while HTZ ended the day with a more modest 1.4% increase.
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-- Written by Scott Rutt in Washington.
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