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(Updates from 10:37 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.
Both Piper Jaffray and Oppenheimer are urging caution on Salesforce.com (CRM - Get Report) heading into earnings, despite the expectations for a strong second half of 2013. Cramer concurred. CRM fell 2.2% to $42.46.
When asked if the selloff in PetSmart (PETM) was overdone, Cramer said the stock always bounces back and he thinks it's a terrific company. PETM fell nearly 1% to $70.05.Apache (APA - Get Report) was cut by Guggenheim. Cramer said 19% of the company's production is from Egypt, which is not a good place to be right now. APA was off 1.5% to $78.57. Stifel Nicolaus says Nike (NKE - Get Report) will have a good quarter from strong U.S. sales, which surprised Cramer. He noted Dick's Sporting Goods (DKS) reported a weak quarter. NKE was 1.7% lower at $62.81. Raymond James says to buy DirecTV (DTV - Get Report) and sell Dish Network (DISH). Cramer said that call is pushing DirecTV higher. DTV closed at $57.98, up nearly 1%. Pioneer Natural Resources (PXD - Get Report) is a play on the Permian Basin, which has been really strong of late, Cramer said. PXD fell 1.1% to $171.10. 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