More Videos:

Cramer's 6 Stocks in 60 Seconds: WPRT HII COF SBAC VVUS X (Update1)

Tickers in this article: COF HII SBAC VVUS X WPRT
Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".

(Updates from 10:11 a.m. ET to add closing information.)

NEW YORK (TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk On The Street" Wednesday:

Westport Innovations (WPRT) rallied big on an expected Romney win, but is now selling off big and investors should steer clear, Cramer said. He was likewise bearish on shipbuilder Huntington Ingalls (HII) , saying this stock is the most levered to the pending fiscal cliff.

With the markets down sharply Wednesday, Westport was off nearly 7% and Huntington was down 3.3%.

Also in the negative camp, Capital One Financial (COF) , which continues to be under government scrutiny, and biotech Vivus (VVUS) , which is not seeing strong demand for its latest offerings.

Shares of the bank closed 2.6% lower while Vivus dropped 7.3%.

Cramer was bullish on SBA Communications (SBAC) , however, saying telecoms are upping their capital spending, which is good news for SBA. Its shares were a bright spot, closing up nearly 1%.

Finally, Cramer was negative on U.S. Steel (X) amid reports of more steel dumping from Asia. Its shares closed 3% lower.

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, D.C.

To email Scott about this article, click here: Scott Rutt

Follow Scott on Twitter @ScottRutt or get updates on Facebook, ScottRuttDC