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(Updates from 10:34 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.
BP PLC (BP - Get Report) boosted its dividend and buyback program, adding to what Cramer thinks is a "terrific" story. BP jumped 5% to $45.90.
Piper Jaffray upgraded Starbucks (SBUX - Get Report) ahead of its earnings report, which Cramer called an aggressive move. SBUX rose 1.2% to close at $79.62.
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Colgate-Palmolive (CL - Get Report) reported a great quarter, according to Cramer, who predicts "Colgate will go higher." CL was up 1.8% at $65.94.
Cramer said Herbalife (HLF - Get Report) had a great conference call and investors should recognize the company is doing very well in America and China. HLF was unchanged at $67.93.
Teva Pharmaceuticals (TEVA - Get Report) is "such an amazing disappointment," Cramer advised investors to take profits. TEVA was flat at $41.02.
Cramer admitted that Linn Energy (LINE - Get Report) has been a terrible stock for his charitable portfolio, Action Alerts PLUS, to own, but the company's core assets seem to be doing well. LINE ended the day 5.5% higher at $27.85.
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-- Written by Bret Kenwell in Petoskey, Mich.