More Videos:

Cramer's 7 Stocks in 60 Seconds: SAP LULU WY MCD APOL MA V (Update 1)

Tickers in this article: APOL LULU MA MCD SAP V WY
Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".

(Updates from 10:22 a.m. ET with closing information.)

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

Cramer is a believer in SAP (SAP) and feels the company is doing fabulously. He was also upbeat on Lululemon Athletica (LULU) , saying that many are short the name but he's sticking with the company. SAP shares were flat but LULU fell nearly 1% Wednesday.

Continuing the love, Cramer said Weyerhaeuser (WY) , a stock he owns for his charitable trust, Action Alerts PLUS, could see $34 a share, but cautioned that McDonald's (MCD) is turning into a horse race between analysts. WY was up 2.3% at Wednesday's close but MCD was flat.

Cramer was bearish on Apollo Group (APOL) , saying that many of the for-profit schools are starting to look like non-profits. APOL stock dropped 7.8%.

He ended on an up note, saying that the move from paper to plastic payments continues to lift both MasterCard (MA) and Visa (V) . MA was up 2.8% while V ended the day up 1.5%.

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

Usage of this site is governed by TheStreet's Terms of Use available here. Information collected on this site may be collected by TheStreet and OC Register. TheStreet's use of information collected on this site will be governed by TheStreet's privacy policy available here. OC Register's use of information collected on this site will be governed by OC Register's privacy policy available here. If either TheStreet's or OC Register's privacy policy have provisions that are more restrictive than the provisions of the other party's privacy policy, such more restrictive provisions shall not apply to such other party.

Copyright © 2012 Orange County Register Communications. All Rights Reserved.
Site Help | Site Map