Cramer's 6 Stocks in 60 Seconds: TECD LUV TIBX MRVL KYAK MWE
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NEW YORK (TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk On The Street" Tuesday:
Cramer said component supplier Tech Data (TECD) did not have a great quarter when it reported, but now's the time to get in ahead of the seasonal turn in tech.
He was less enthusiastic about Southwest Airlines (LUV), noting that the transports have not been confirming the market's rally and are going in the wrong direction.
Cloud computing giant Tibco (TIBX) is a very hot stock, said Cramer, despite being overvalued. He added that Salesforce.com (CRM) has been "really soaring." As to Marvell Technologies (MRVL), Cramer said this is one area of tech that investors should avoid. He was also bearish on Kayak (KYAK), saying that any company going against Google (GOOG) needs to be careful. Finally, Cramer told the executives at MarkWest Energy (MWE) "enough with the secondaries already" as the flow of new shares has been "burying investors alive." --Written by Scott Rutt in Washington, D.C. To contact the writer of this article, click here: Scott Rutt. To follow the writer on Twitter, go to http://twitter.com/scottrutt. To submit a news tip, send an email to: tips@thestreet.com.Select the service that is right for you!
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