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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) remains his favorite breakup story and he thinks shares are worth at least $65. He remains bullish on PVH (PVH) 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), saying ethanol subsidies need to go away eventually. He was also bearish on Micron Technology (MU) 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) 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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