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(Updates from 10:21 am ET with closing information.)
NEW YORK (
) -- Here's what Jim Cramer had to say on
's "Squawk On The Street" Tuesday:
National Oilwell Varco
(NOV - Get Report)
is a terrific technology company, so to see it downgraded has Cramer worried. He is not worried about
Illinois Tool Works
(ITW - Get Report)
, however, after the company's CEO passed away last week. Cramer said he still likes this the company.
Investors were more worried about National Oilwell Varco, pushing its shares down 2.6% at the close Tuesday, while Illinois Tool Works stock was unchanged.
Cramer is also bullish on
MarkWest Energy Partners
, saying this company's secondary offering went very well, which means things are working. He also said that if
(NSC - Get Report)
is able to meet its numbers, coal may have indeed bottomed.
MarkWest's shares ended the day up nearly 1% while Norfolk Southern was up 1.2%
He is less optimistic about
(BSX - Get Report)
. Cramer said this group has been in turmoil as of late, and the positive momentum at Boston Scientific may be stopped in its tracks.
He ended on a positive note by saying people really like using
(YELP - Get Report)
, which is why this company is among the best-performing social media stocks this year.
Boston Scientific's shares were down slightly at the close but Yelp shares screamed higher by 6.6%.
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-- Written by Scott Rutt in Washington
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