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Cramer's 6 Stocks in 60 Seconds: DSX AMZN JPM GTLS PZZA ASNA (Update 1)

Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".


(Updates from10:12 a.m. ET with closing information.)

NEW YORK ( TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk On The Street" Tuesday:

Cramer said dry bulk shipper Diana Shipping (DSX - Get Report) is one way to play an uptick in world trade despite a recent analyst downgrade. He said Amazon.com (AMZN - Get Report) is an overvalued stock and keeps getting more overvalued every day.

DSX ended Tuesday trading up 4.8% to $8.75 while AMZN rose 1% to $275.59.

Cramer was bullish on JPMorgan Chase (JPM - Get Report), saying the bank is returning a lot of capital to shareholders, and also Chart Industries (GTLS - Get Report), a company that helps make liquified natural gas possible.

JPM rose 1% to $49.49 and GTLS was up 5.7% to $81.95.

Also in the plus camp was Papa John's (PZZA - Get Report), with Cramer saying the company's minor restatement of its financials is likely not a big deal. He said Ascena Retail Group (ASNA - Get Report) is a company that had been disappointing but now has "suddenly gotten it right."

PZZA was up 5.3% to $58.48 while ASNA rose 14.3% to $18.90.

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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SYM TRADE IT LAST %CHG
AMZN $421.19 -0.44%
ASNA $14.81 -1.59%
DSX $6.43 2.88%
GTLS $35.57 -1.36%
JPM $64.40 -0.49%

Markets

DOW 17,928.20 -142.20 -0.79%
S&P 500 2,089.46 -25.03 -1.18%
NASDAQ 4,939.3270 -77.6020 -1.55%

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