Cramer's 6 Stocks in 60 Seconds: RHT URBN SFD PVH GOOG HEK (Update 1)
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(Updates from 11:07 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 weakness in Red Hat (RHT) is bringing down shares of Salesforce.com (CRM) and he'd be a buyer of Salesforce. He was also bullish on Urban Outfitters (URBN), a stock that missed numbers "but no one seems to care."
RHT shares fell 4.8% to close at $50.60 while URBN rose 1% to $41.81.
Cramer also had kind words for Smithfield Food (SFD), another stock that investors are clamoring for, and PVH Corp (PVH), a company Cramer said is an expert at integrating its acquisitions for maximum gain. SFD was up 1.7% to $26.41 but PVH fell 2.4% to $118.01. Things got a little more cautious when he mentioned Google (GOOG), however. Cramer said many are calling for the stock to reach infinity, and that's a difficult target to attain. He reserved judgment on Heckmann (HEK), however, until after he talks to the company's CEO on "Mad Money" this evening. GOOG ended trading down 1% to $827.61 but HEK jumped 12% to $4.14. 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, ScottRuttDCSelect the service that is right for you!
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