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(Updates from 10:20 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:
Encana's(ECA - Get Report) new management but the stock remains a natural gas stock so investors need to be careful. He was equally cautious about
Vera Bradley(VRA - Get Report), saying that any time a company gets a new CFO, investors need to wait one quarter before buying. ECA ended Monday trading down 2.1% while VBA was down 3.5%.
Cramer was bullish on
Starbucks(SBUX - Get Report), a stock he owns for his charitable trust,
Action Alerts PLUS
, calling the coffee chain one of the bright spots in the market. He also said
Hess(HES - Get Report) could be worth $70 a share if the company were to split itself up. SBUX was down 1% but HES was flat.
When asked about
Norfolk Southern(NSC - Get Report), Cramer said the worst may be over for this transport stock that's not up a lot compared to its peers. He was also upbeat on
Georgia Gulf(GGC), saying the maker of PVC piping is a housing recovery play. NSC rose 1.3% and GGC ended trading up 1%.
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