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(Updates from 10:51 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 noted how Spirit Airlines (SAVE - Get Report) seems to charge a fee for everything. That, however, didn't stop Raymond James from upgrading it based on valuation, he added. SAVE rose 1.5% to $30.72.
Morgan Stanley downgraded ArcelorMittal (MT - Get Report) to sell from hold. Cramer said everyone seems to hate this company all of a sudden, but he likes steel companies at current valuations. MT fell 1.9% to $13.27.Cliff Natural Resources (CLF - Get Report) was going up on takeover chatter, something Cramer said he doesn't like, especially when the fundamentals are poor. CLF was flat at $21.68. Citigroup says to buy Avon Products (AVP - Get Report). Cramer said the call interested him and he praised CEO Sherilyn McCoy. AVP rose 1.4% to $20.64. Cramer called Diana Shipping (DSX - Get Report) a play on both China and Europe. Credit Suisse upgraded the stock to hold. DSX jumped 6.4% to $10.94. Zillow's (Z - Get Report) secondary priced at $82.50. Cramer said it would be a good day if the stock could rally to $83 after opening near $80. Z dropped 4.8% to $80.71. 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