Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".
(Updates from 10:35 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.
Goldman raised its price target on Cree (CREE). Cramer likes the stock, especially its new light bulb design. CREE rose 3.8% to $66.64.
Barclays takes Seagate Technology (STX) to hold from sell. Cramer thinks the analyst, like a lot of the analysts, hated the stock during its great run and has been waiting for a moment to upgrade and "they took it." STX fell nearly 1% at $45.21.Cramer said he likes Cheniere Energy (LNG) but likes the company's master limited partnership spinoff, Cheniere Energy Partners (CQP), even more. CQP was up nearly 1% at $29.75. GameStop (GME) has been "incredible" according to Cramer, thanks to pent-up excitement over new gaming platforms from Microsoft (MSFT) and Sony (SNE). GME was flat at $42.17. Nomura Securities downgraded Tractor Supply Co. (TSCO), calling the stock too expensive. Cramer couldn't believe it, exclaiming, "You cannot stop the Tractor Supply!" TSCO was unchanged at $115.90. EMC (EMC) said it might miss estimates on the next quarter, prompting Cramer to ask, "What part of hardware is doing well?" EMC closed Tuesday at $23.78, up nearly 1%. To sign up for Jim Cramer's free Booyah! newsletter, with all of his latest articles and videos, please click here. -- Written by Bret Kenwell in Petoskey, Mich. Follow @BretKenwell
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts