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(Updates from 11:01 a.m. ET with closing information.)
NEW YORK (
) -- Here's what Jim Cramer had to say on
"Squawk On The Street" Tuesday.
(MNST - Get Report)
was initiated with an overweight rating by Morgan Stanley. Cramer said this means the analyst thinks the stock is undervalued and will go higher. MNST rose 4.8% to $56.42.
(CLX - Get Report)
raised its dividend by too much -- 11%, as opposed to the typical 6.7%, Cramer said, "No, they have the cash." CLX was 2.2% higher at $88.11.
(REGN - Get Report)
and other bio-stocks keep "leapfrogging each other," Cramer said. "RBC says this is one of the best." He also thinks the company's management is fantastic. REGN was up 1% to $282.80.
(KR - Get Report)
is one of "two companies that are now dominating the supermarket," Cramer said. Kroger and
are "carving up the nation." KR closed at $34.80, up 2.5%.
(MDRX - Get Report)
gets an upgrade from Citi and "there's been huge insider buying here," which has Cramer thinking "Allscripts goes higher." MDRX ended the day up 2.4% to $13.93.
Procter & Gamble
(PG - Get Report)
reaffirms its fiscal year guidance. Cramer like P&G and thinks, "Old McDonald has this company going in the right direction," referring to the company's CEO, Robert McDonald. PG was up 1.1% to $79.47.
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-- Written by Bret Kenwell in New York.