Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".
(Updates from 10:13 am ET with closing information.)
NEW YORK ( TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk On The Street" Monday:
Investors in hotel stocks are betting on a recession, but Cramer still loves Starwood Hotels (HOT - Get Report). He was also upbeat on Petsmart (PETM - Get Report), calling it one of the best upside surprises this earnings season.
Starwood shares closed 1.4% higher while those of Petsmart rose 2.2%.Cramer said the bears are worried about commodity costs at Dean Foods (DF - Get Report) but he disagrees, saying those fears are in the past. He was also bullish on Agilent (A - Get Report), noting that tech spending in emerging markets may be on the rise.
Dean Food shares ended Monday up 1.5% while Agilent jumped nearly 5%. Finally, Cramer gave a positive nod to Marathon Oil (MRO - Get Report), a domestic oil and gas company that is immune to rising tensions in Israel, and Diageo (DEO), one of his favorite international growth companies. Marathon Oil stock rose 1.4% on the day while Diageo was bubbled up 1.8%.
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
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
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
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts