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(Updates from 10:47 a.m. ET with closing information.)
NEW YORK (
TheStreet) -- Here's what Jim Cramer had to say on
CNBC's "Squawk on the Street" Monday.
Wells Fargo expects
Emerson Electric(EMR - Get Report) to start making some bolt-on acquisitions, which indicates to Cramer the company could be growing again. He added that he likes the stock. EMR was flat at $61.75.
Credit Suisse upgraded
Hasbro(HAS - Get Report) to buy from sell. Cramer wants to know more about the move. HAS rose nearly 1% to $46.39.
Drexel Morgan says to buy
Alliant Techsystems(ATK), maker of aerospace and defense products. Cramer said the stock has had a huge move since June. ATK rose 1% to $101.57.
Cramer said the wireless buildout in China will continue and
Altera Corp.(ALTR) will do well as a result. ALTR was up 1.4% to close at $35.15.
Stratasys(SSYS - Get Report) is loved by retail investors and heavily shorted by institutions, with the former winning the battle, according to Cramer. SSYS jumped 4% to $110.04.
Conn's(CONN - Get Report) has been doing well and reports earnings on Sept. 5. Cramer said people are buying hard goods, not clothes, which is good for appliance retailers Conn's. CONN closed at $65.14, up 3.8%.
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