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(Updates from 10:50 a.m. ET with closing information.)
NEW YORK (
) -- Here's what Jim Cramer had to say on
"Squawk On The Street" Tuesday.
Wells Fargo downgraded
(VFC - Get Report)
to hold from buy but Cramer disagreed because "I think VF is good." VFC was flat at $186.15.
(FL - Get Report)
reports earnings on Friday. "When they say things are good, that means
is a buy," Cramer said. FL ended the day 1% lower at $36.30.
(MDT - Get Report)
reported strong earning. Cramer noted the company "finally did the blowout quarter that people have been waiting for and people suddenly love it." MDT felt the love, up 4.9% to $52.35.
(PCLN - Get Report)
stock is taking a breather, but Cramer doesn't expect that to last long, noting that
"is on fire." PCLN fell 2% to $825.96.
Beazer Homes USA
(BZH - Get Report)
was downgraded by Sterne Agee. Cramer thinks homebuilders have much more room to go but admitted Beazer is his "least favorite in the group." BZH was off 4.3% to $21.75.
(FCX - Get Report)
was placed on Deutsche Bank's short-term buy list and Cramer says there's a move to cyclicals "like you wouldn't believe percolating underneath. Even this one may have its day." FCX closed 2.7% lower at $31.98.
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-- Written by Bret Kenwell in New York.