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(Updates from 10:59 a.m. ET with closing information.)
NEW YORK (
) -- Here's what Jim Cramer had to say on
"Squawk On The Street" Monday.
Wells Fargo says
( GAP) is a buy. Cramer agrees, saying the stock has been terrific. "It can go higher and it's still inexpensive," he said. GAP ended Tuesday up 1.5% at $39.04.
are among the "candidates to settle with the big banks over mortgage problems." RDN rose 4.3% to $13.03.
ran a very negative article about
, Cramer said. He had Linn CEO Mark Ellis on "Mad Money" last night to give his side. Cramer urged people to read the article and the TV show transcript and then make up their own minds about the company. Investors voted LINE down 2.1% to $35.01.
Cramer said for people who want to own a food stock,
is the one. PF was 2.3% higher at $24.49.
"People gave up on stocks that are Internet-related," Cramer said of
. "Now, people are circlking back to them." FFIV declined 1% to $76.96.
Cramer said he doesn't know if the $9 price target Morgan Stanley put on
is right, right now. "The preferred stock has been doing terrifically," he said. Shares, however, fell 3.1% to $16.40 Tuesday.
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-- Written by Anthony Buccino in New York.
At the time of publication, Cramer's Action Alerts PLUS had positions in LINE and PF.
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