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(Updates from 11:02 a.m. ET with closing information and corrects CAT ticker symbol.)
NEW YORK (
TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk On The Street" Tuesday:
Banco Santander (SAN) Cramer said that it's "more important I like
Banco Bradesco(BBDO)." SAN closed up 4.6% to $7.31.
Biogen Idec(BIIB - Get Report) is one of the "three horsemen" of this era, along with
Gilead Sciences(GILD), he said. BIIB''s "great MS drug is apparently taking off. What a great company," Cramer said. BIIB fell 1.1% to $212.76.
Travelers(TRV - Get Report), he said the insurer raised rates and had fewer payouts, making it a win-win. TRV ended th eday 2.1% higher at $86.35.
Caterpillar(CAT) has recently gotten into mining but he's not enamored of all mining companies. Is
Newmont Mining (NEM - Get Report) "a good bet now? I'm not sure," he said. NEM fell 2.9% to $32.43.
J. C. Penney (JCP - Get Report) has been basking under the "halo effect" recently, Cramer said, but it's wearing off. JCP fell 1% to $15.45.
Noble Energy(NBL - Get Report) believes itself undervalued and he agrees. He pointed out the company has "unbelievable natural gas reserves off the coasts of Israel and Cyprus." NBL ended the day 1.9% higher at $110.72.
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