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(Updates from 11:02 a.m. ET with closing information and corrects CAT ticker symbol.) NEW YORK ( TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk On The Street" Tuesday: On Banco Santander ( SAN) Cramer said that it's "more important I like Banco Bradesco ( BBDO)." SAN closed up 4.6% to $7.31. Biogen Idec ( BIIB) is one of the "three horsemen" of this era, along with Celgene ( CELG) and Gilead Sciences ( GILD), he said. BIIB''s "great MS drug is apparently taking off. What a great company," Cramer said. BIIB fell 1.1% to $212.76. On Travelers ( TRV), he said the insurer raised rates and had fewer payouts, making it a win-win. TRV ended th eday 2.1% higher at $86.35. He said Caterpillar ( CAT) has recently gotten into mining but he's not enamored of all mining companies. Is Newmont Mining ( NEM) "a good bet now? I'm not sure," he said. NEM fell 2.9% to $32.43. J. C. Penney ( JCP) has been basking under the "halo effect" recently, Cramer said, but it's wearing off. JCP fell 1% to $15.45. Cramer said Noble Energy ( NBL) believes itself undervalued and he agrees. He pointed out the company has "unbelievable natural gas reserves off the coasts of Israel and Cyprus." NBL ended the day 1.9% higher at $110.72. To sign up for Jim Cramer's free Booyah! newsletter, with all of his latest articles and videos, please click here. -- Written by Anthony Buccino in New York. Follow Anthony on Twitter @AnthonyBuccino or get updates on Facebook, AuthorABuccino