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(Updates from 10:14 a.m. ET to include closing information.)

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

Cramer said Brown-Forman (BFB) is a very well-run company and he wouldn't bet against it. Meanwhile, investors are fleeing VeriSign (VRSN) after the Commerce Department limited its ability to raise domain name prices.

Brown-Forman shares were flat while VeriSign collapsed by 13% at the Friday close.

Cramer was bullish on both Allergan (AGN) and Merck (MRK) , calling Allergan a great growth business and adding that "no one ever got hurt owning Merck."

Allergan stock closed flat while Merck's was down nearly 1%.

Finally, Cramer was bearish on Netflix (NFLX) on the news the company may face increased competition in Latin America, but he was more upbeat on Cracker Barrel (CBRL) , saying that while the company issued glooming guidance it's been a terrific stock to own.

Shares of Netflix and Cracker Barrel also closed nearly flat Friday.

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-- Written by Scott Rutt in Washington.

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