Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".
(Updates from 10:24 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.
Goldman Sachs said to buy Consolidated Energy
. Cramer said this upgrade, comnig ahead of the Federal Reserve's FOMC announcement, could hint at a small taper. ED rose 3.1% to $56.99.
Everyone seems to think ARM Holdings
is the best semiconductor company in the world, according to Cramer, who added that it's also related to Apple
. ARMH was up 4.6% to $48.29.
Wedbush is bullish on Panera Bread Company
. "I like this call very much," Cramer said. PNRA rose nearly 1% to $172.89.
"People love Nokia
gave them a lot of money," Cramer said. NOK jumped 7% to $6.71.
Credit Suisse initiated Sprint
as a sell. Cramer added that if the firm wants to go against CEO Dan Hesse, then "be my guest." S was up nearly 1% to $6.44.
Canaccord said Lululemon Athletica
might breakout to the upside, but Cramer said he wants to see who the next CEO will be first. LULU ended the day at $74.46, up 6%.
To sign up for Jim Cramer's free Booyah! newsletter, with all of his latest articles and videos, please click here.
-- Written by Bret Kenwell in Petoskey, Mich.