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(Updates from 11:12 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.
Piper Jaffray upgraded Boston Scientific (BSX) to buy from hold. Cramer said the medical device industry was "hot last year" and it will "stay hot" in 2014. BSX closed 3.5% higher at $13.98.
Keefe Bruyette & Woods upgraded regional bank Comerica (CMA) to hold from sell. Regarding the Federal Reserve's plan to taper its asset purchases, Cramer said that "as taper goes, you buy the regionals." CMA rose 3.9% to $49.51.
Morgan Stanley upgraded Seagate Technology (STX) to buy from hold. STX was a heavily shorted stock, Cramer said. "People were really shooting against this" but because of the strong pricing of disk drives, they can "forget about it," he added. STX rose 4 cents to $61.24.
"Maybe things are slowing" at Netflix (NFLX), Cramer said, after Pacific Crest warned that the stock could fall to $200 following the company's earnings report, which is scheduled for Wednesday. NFLX fell $1.33 to $328.71.
Wells Fargo initiated Hain Celestial Group (HAIN) as a hold, but Cramer called the company remarkable. He added, "It is the next great food company in this world." HAIN fell by 1.9% to end the day at $95.74.
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-- Written by Bret Kenwell in Petoskey, Mich.