Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".
(Updates from10:12 a.m. ET with closing information.)
NEW YORK (TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk On The Street" Tuesday:
Cramer said dry bulk shipper Diana Shipping (DSX) is one way to play an uptick in world trade despite a recent analyst downgrade. He said Amazon.com (AMZN) is an overvalued stock and keeps getting more overvalued every day.
DSX ended Tuesday trading up 4.8% to $8.75 while AMZN rose 1% to $275.59.Cramer was bullish on JPMorgan Chase (JPM), saying the bank is returning a lot of capital to shareholders, and also Chart Industries (GTLS), a company that helps make liquified natural gas possible. JPM rose 1% to $49.49 and GTLS was up 5.7% to $81.95. Also in the plus camp was Papa John's (PZZA), with Cramer saying the company's minor restatement of its financials is likely not a big deal. He said Ascena Retail Group (ASNA) is a company that had been disappointing but now has "suddenly gotten it right." PZZA was up 5.3% to $58.48 while ASNA rose 14.3% to $18.90. 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
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