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(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 - Get Report) is one way to play an uptick in world trade despite a recent analyst downgrade. He said Amazon.com (AMZN - Get Report) 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 - Get Report), saying the bank is returning a lot of capital to shareholders, and also Chart Industries (GTLS - Get Report), 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 - Get Report), with Cramer saying the company's minor restatement of its financials is likely not a big deal. He said Ascena Retail Group (ASNA - Get Report) 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