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(Updates from 10:35 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 is not betting on a takeover at Electronic Arts (ERTS), and he said he would be careful with Peabody Energy (BTU) because coal is a declining commodity. EA closed up 1.2% at $17.77 while BTU rose 1% at $20.98.
He was upbeat on Alkermes (ALKS), saying that stock is worth a lot more than it is selling for. But he's bearish on Schlumberger (SLB), a stock where he sees "no bottom." ALKS rose 3.8% to $23.46 and SLB rose 1% to $74.42.Finally, Cramer gave the nod to Pepsico (PEP), which he deemed an inexpensive growth stock, but said it's time to sell Southwest Energy (SWN) because the stock has run up big. PEP was up 1.4% at $78.92 but SWN fell 5 cents to $37.72. 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
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