Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus". (Updates from 11:13 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.
Based on a $65 price target, Eli Lilly (LLY - Get Report) would appear "very inexpensive," Cramer said. But he doesn't think the company has a great product pipeline. LLY ended the day 3 cents higer at $49.22.
According to Cramer, people don't think General Mills (GIS - Get Report) has natural and organic foods, which is "hurting" the stock. He noted Morgan Stanley considers GIS "challenged." GIS fell 33 cents to $49.58.
The fact that Range Resources (RRC - Get Report) has failed to move higher on a positive note from Wells Fargo concerns Cramer. He suggested the oil and gas exploration industry has "run too much." RRC fell 41 cents to $79.76.Bank of America upgraded Finish Line (FINL - Get Report) to buy from sell. Cramer said he'd "buy the stock" based partly on how well the brand is doing in Macy's (M) locations. FINL rose 1.9% to $25.89.
American Express (AXP - Get Report) recently reported some of its credit numbers, and Cramer suggested that AXP's likelihood was "very, very small" for a default. AXP is a holding in Cramer's charitable portfolio, Action Alerts PLUS. AXP fell 41 cents to $84.11. Citigroup raised its price target on Yahoo! (YHOO - Get Report) to $46 from $39. Cramer said that when investors add up the value from all of YHOO's different business segments, it commands a premium valuation. YHOO fell nearly 1% to $39.51. 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