Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".
(Updated from 10:42 a.m. ET with closing information.)
NEW YORK (TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk On The Street" from Washington Tuesday:
"What a disappointment," Cramer said of Ruckus Wireless (RKUS), which recently went public. "Stay away." RKUS shares fell 4.3% Tuesday.
Morgan Stanley takes Cemex (CX) from sell to hold. Cramer called the company a reverse housing play and "I like this call very much." CX closed the day flat.Lazard raised its rating on Chicago Bridge (CBI). Cramer agreed, saying, "This infrastructure trade is going to be very big if we continue to find more oil in this country. CBI was up nearly 2%. Goldman upgraded Stryker (SYK) from neutral to buy. "What a dog this has been," Cramer said. "Medical device companies have been so bad." Maybe it's finally right, he said. SYK shares rose nearly 2% by the close. Baird likes Dover (DOV) after an analysts' day. "Industrial stocks, they are still being liked," Cramer said. "I think people must say, 'You know what? The heck with the cliff. Full speed ahead.'" DOV was flat. Finally, Goldman said Deckers' (DECK) sales trends for its UGG boots appear weak. "We know that they're weak," Cramer said, and that's why he thinks there will be a bid for the company. DECK shares closed down 2%. To sign up for Jim Cramer's free Booyah! newsletter, with all of his latest articles and videos, please click here. -- Written by Anthony Buccino in New York.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV