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(Updates from 10:12 a.m. ET with closing information.)
NEW YORK ( TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk On The Street" Monday:
Cramer said Hess (HES - Get Report) remains his favorite breakup story and he thinks shares are worth at least $65. He remains bullish on PVH (PVH - Get Report) after that company's acquisition of Calvin Klein last year. HES ended Monday up 1.5% while PVH rose 1.2%.
But Cramer was skeptical about Archer Daniels Midland (ADM - Get Report), saying ethanol subsidies need to go away eventually. He was also bearish on Micron Technology (MU - Get Report) because every year the stock gets upgraded, which is always a great time to sell. ADM fell 4.1% while MU was up 3.2%.Shares of Ingersoll-Rand (IR - Get Report) are worth a lot more than the markets value them, he said. He was also upbeat on Walgreen (WAG) ahead of that company's coming analyst day. IR ended the day down 1.6% while WAG was up 2.3%. 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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