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(Updates from 10:27 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.
HSBC downgraded Schlumberger (SLB). Cramer disagreed. "I wouldn't sell it," because it's the best in its group, he explained. SLB fell 1% to $90.54.
Wedbush raised its price target on Chipotle Mexican Grill (CMG) to $490. Cramer said the company has a good story, especially as comps have been better than expected. CMG was 1.9% lower to $433.61.Citigroup upped its price target on DirecTV (DTV), but Cramer was leery, saying, "I don't want to buy DirecTV up here." DTV was off 1% to $60.87. Qualcomm (QCOM) was initiated by Stifel Nicolaus as a buy. Cramer said the stock is cheap. QCOM rose 1% to $68.17. F5 Networks (FFIV) has continually missed earnings estimates, but Cramer concurred with Piper Jaffray that the company will not miss this quarter. FFIV was 3% lower to $87.55. Domino's Pizza (DPZ) is selling off after a slight earnings miss. Cramer said investors should not bet against the company. DPZ dropped 5.7% to $64.90. 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
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