Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".
(Updates from 10:32 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 he's keeping an eye on Tessera Technology (TSRA) as rumors swirl about a plot to fire its CEO. He also said that even bad performers like Ferro Corp (FOE) can receive takeover bids, which the company did today.
TSRA ended Monday trading down 1.2% but FOE jumped 30.8%.Cramer said Transocean (RIG) will be going higher, as will Radian Group (RDN); the two stocks are on fire, he said. RIG was flat but RDN was up 7.6%. Cramer was also bullish on Eaton (ETN) and railroad Kansas City Southern (KSU). ETN ended the day down 1% but KSU rode 1.8% higher. 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
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts