Jim Cramer's 6 Stocks in 60 Seconds: GIS CLF BMRN YUM CELG SSYS (Update 1)

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

(Updates from 10:44 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.

Morgan Stanley downgraded General Mills (GIS) to sell from hold. "That's never been a good call," Cramer said of the downgrade. GIS closed down 1 cent to $48.80.

Deutsche Bank upgraded Cliffs Natural Resources (CLF) to buy from hold. Although the stock has struggled, Cramer said the analyst sees the restructuring plan working. He said the stock could have a lot of upside if it's true. CLF rose 2.6% to $22.94.

BioMarin Pharmaceutical (BMRN) is a "controversial stock," Cramer said. He doesn't know if the stock can hold its current levels. BMRN jumped 3.9% to $71.34.

"People always misinterpret" the Chinese comp numbers for Yum! Brands (YUM), a holding in his charitable trust, Action Alerts PLUS, Cramer said. He said KFC is strong and Pizza Hut is weak. "KFC is the driver" for YUM, Cramer said, and he's buying on the weakness. YUM fell 18 cents to $73.23.

Analysts have been reiterating their buy recommendations on Celgene (CELG), Cramer said. He said the biotech's presentation on Monday was "great" but thinks investors should "wait until it comes down a little more" in price before buying. CELG was 1.3% higher at $167.04.

JPMorgan downgraded Stratasys (SSYS) to hold from buy. "It's about time. These things have been straight up." Cramer said, referring to 3-D company stocks. SSYS plummeted 8.2% to $119.37.

 

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.

At the time of publication, Cramer's Action Alerts PLUS had a position in YUM.

  Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for TheStreet.com, Inc., and CNBC, and a director and co-founder of TheStreet.com. All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of TheStreet.com or its affiliates, or CNBC, NBC Universal or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither TheStreet.com, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or TheStreet.com is related to the specific opinions expressed by him on "Mad Money."

  None of the information contained in "Mad Money" constitutes a recommendation by Mr. Cramer, TheStreet.com or CNBC that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the program. Mr. Cramer's past results are not necessarily indicative of future performance. Neither Mr. Cramer, nor TheStreet.com, nor CNBC guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the program. The strategy or investments discussed may fluctuate in price or value and you may get back less than you invested. Before acting on any information contained in the program, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.

  Some of the stocks mentioned by Mr. Cramer on "Mad Money" are held in Mr. Cramer's Action Alerts PLUS Portfolio. When that is the case, appropriate disclosure is made on the program and in the "Mad Money" recap available on TheStreet.com. The Action Alerts PLUS Portfolio contains all of Mr. Cramer's personal investments in publicly-traded equity securities only, and does not include any mutual fund holdings or other institutionally managed assets, private equity investments, or his holdings in TheStreet.com, Inc. Since March 2005, the Action Alerts PLUS Portfolio has been held by a Trust, the realized profits from which have been pledged to charity. Mr. Cramer retains full investment discretion with respect to all securities contained in the Trust. Mr. Cramer is subject to certain trading restrictions, and must hold all securities in the Action Alerts PLUS Portfolio for at least one month, and is not permitted to buy or sell any security he has spoken about on television or on his radio program for five days following the broadcast.

If you liked this article you might like

Kraft Heinz Wants to Save Itself, And Here Are 3 Ways How It Could

Kraft Heinz Wants to Save Itself, And Here Are 3 Ways How It Could

Buy Stocks That Are Right for You: Cramer's 'Mad Money' Recap (Friday 2/16/18)

Buy Stocks That Are Right for You: Cramer's 'Mad Money' Recap (Friday 2/16/18)

Activist-Targeted Hain Celestial Misses Profit Estimates, Explores Unit Sale

Activist-Targeted Hain Celestial Misses Profit Estimates, Explores Unit Sale

Here Is the Biggest Risk to the Bull Market You're Missing

Here Is the Biggest Risk to the Bull Market You're Missing

8 Tasty Stocks for a Changing Food-Retail Business

8 Tasty Stocks for a Changing Food-Retail Business