Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".

(Updated from 10:42 a.m. ET with closing information.)



) -- Here's what Jim Cramer had to say on CNBC's "Squawk On The Street" from Washington Tuesday:

"What a disappointment," Cramer said of

Ruckus Wireless


, which recently went public. "Stay away." RKUS shares fell 4.3% Tuesday.

Morgan Stanley takes


(CX) - Get Report

from sell to hold. Cramer called the company a reverse housing play and "I like this call very much." CX closed the day flat.

Lazard raised its rating on

Chicago Bridge


. Cramer agreed, saying, "This infrastructure trade is going to be very big if we continue to find more oil in this country. CBI was up nearly 2%.

Goldman upgraded


(SYK) - Get Report

from neutral to buy. "What a dog this has been," Cramer said. "Medical device companies have been so bad." Maybe it's finally right, he said. SYK shares rose nearly 2% by the close.

Baird likes


(DOV) - Get Report

after an analysts' day. "Industrial stocks, they are still being liked," Cramer said. "I think people must say, 'You know what? The heck with the cliff. Full speed ahead.'" DOV was flat.

Finally, Goldman said


(DECK) - Get Report

sales trends for its UGG boots appear weak. "We know that they're weak," Cramer said, and that's why he thinks there will be a bid for the company. DECK shares closed down 2%.

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-- Written by Anthony Buccino in New York


At the time of publication, Cramer's Action Alerts PLUS had no position in the stocks mentioned.

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