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(Updates from 10:13 am ET with closing information.)
NEW YORK ( TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk On The Street" Monday:
Investors in hotel stocks are betting on a recession, but Cramer still loves Starwood Hotels (HOT - Get Report). He was also upbeat on Petsmart (PETM), calling it one of the best upside surprises this earnings season.
Starwood shares closed 1.4% higher while those of Petsmart rose 2.2%.Cramer said the bears are worried about commodity costs at Dean Foods (DF - Get Report) but he disagrees, saying those fears are in the past. He was also bullish on Agilent (A - Get Report), noting that tech spending in emerging markets may be on the rise.
Dean Food shares ended Monday up 1.5% while Agilent jumped nearly 5%. Finally, Cramer gave a positive nod to Marathon Oil (MRO - Get Report), a domestic oil and gas company that is immune to rising tensions in Israel, and Diageo (DEO), one of his favorite international growth companies. Marathon Oil stock rose 1.4% on the day while Diageo was bubbled up 1.8%.
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