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(Updates from 10:08 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:
Yelp (YELP) is a great experience on mobile devices and that's why investors are clamoring for it, Cramer said. He was also upbeat on Nordic American Tanker (NAT), which is down on the news the company is buying another ship. Cramer said in the long run this stock will prevail. YELP was off 0.5% to $22.77 but NAT sank 10.7% to $9.84.
Two stocks on the move today include AstraZeneca (AZN) and Hanes Brands (HBI). Cramer said both stocks have the momentum to keep powering higher. AZN rose 0.5% to $50.34 while HBI was up 0.7% at $45.92.Finally, Cramer said he was shocked to see a downgrade of Texas Instruments (TXN), but he's not surprised that Urban Outfitters (URBN) is soaring because the numbers continue to look good for that retailer. TXN was down 0.7% to $34.76 but URBN ended the trading day up 3.8% to $39.87. 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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