Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".
(Updates from 10:23 a.m. ET with closing information.)
NEW YORK (
) -- Here's what Jim Cramer had to say on
's "Squawk On The Street" Tuesday:
Cramer told investors to be careful with
(BHI - Get Report)
and other oil-service plays. He said in the longer term they're undervalued but it may be a bumpy road in the short term. BHI shares ended Tuesday trading down 1.5%.
He was more upbeat on
(QCOM - Get Report)
, saying that this is one tech stock that's still working. QCOM shares were flat.
Similarly, Cramer was bullish on
(DOV - Get Report)
, noting that this company also has a cellphone component. He thinks
Illinois Tool Works'
(ITW - Get Report)
recent downgrade had nothing to do with the company. Shares of both companies closed flat Tuesday.
Finally, Cramer said
could be a takeover target and
Kohlberg Kravitz Roberts
(KKR - Get Report)
is a cheap stock investors should take a look at. DECK stock fell 4% while KKR closed up nearly 1%.
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:
Follow Scott on Twitter
or get updates on Facebook,