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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 (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.

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-- 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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ASNA $8.81 0.00%
AMZN $659.59 0.00%
DSX $3.46 0.00%
GTLS $25.74 0.00%
JPM $63.20 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

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