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(Updates from 10:12 a.m. ET with closing information.)
NEW YORK (
) -- Here's what Jim Cramer had to say on
's "Squawk On The Street" Monday:
(HES - Get Report)
remains his favorite breakup story and he thinks shares are worth at least $65. He remains bullish on
(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
(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%.
(IR - Get Report)
are worth a lot more than the markets value them, he said. He was also upbeat on
ahead of that company's coming analyst day. IR ended the day down 1.6% while WAG was up 2.3%.
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-- Written by Scott Rutt in Washington
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