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(Updates from 10:53 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. Needham downgraded Yahoo! ( YHOO) to hold from buy. Cramer wasn't surprised after hedge fund manager Dan Loeb said Monday he'd be selling most of his stock and leaving the board. YHOO closed 1.8% lower at $27.36. JPMorgan downgraded Annie's ( BNNY) to hold from buy. Cramer agreed, saying the stock has become too expensive. BNNY was off 3.8% at $42.70. Coty ( COTY) didn't have a good initial public offering and isn't expensive, Cramer said, but the company needs to have a solid earnings report. COTY rose nearly 1% at $17.06. Cramer warned Herbalife ( HLF) continues to be very controversial. With Bill Ackman's short position, Cramer said, Carl Icahn and other fund managers are pushing for a short squeeze higher. HLF fell nearly 1% at $59.11. Cramer said oilwell services companies have been unstoppable this year, and that puts Baker Hughes ( BHI) in a good position. BHI rose nearly 1% at $47.75. UBS initiated Noodles & Co. ( NDLS) with a neutral rating and a $46 price target. Cramer said that after this one went public it turned out to be a little expensive. He said investors should keep an eye on Chipotle Mexican Grill's ( CMG) ShopHouse Asian Kitchen. NDLS jumped 5% to $44.22. 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