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(Updates from 10:27 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. HSBC downgraded Schlumberger ( SLB). Cramer disagreed. "I wouldn't sell it," because it's the best in its group, he explained. SLB fell 1% to $90.54. Wedbush raised its price target on Chipotle Mexican Grill ( CMG) to $490. Cramer said the company has a good story, especially as comps have been better than expected. CMG was 1.9% lower to $433.61. Citigroup upped its price target on DirecTV ( DTV), but Cramer was leery, saying, "I don't want to buy DirecTV up here." DTV was off 1% to $60.87. Qualcomm ( QCOM) was initiated by Stifel Nicolaus as a buy. Cramer said the stock is cheap. QCOM rose 1% to $68.17. F5 Networks ( FFIV) has continually missed earnings estimates, but Cramer concurred with Piper Jaffray that the company will not miss this quarter. FFIV was 3% lower to $87.55. Domino's Pizza ( DPZ) is selling off after a slight earnings miss. Cramer said investors should not bet against the company. DPZ dropped 5.7% to $64.90. 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