Cramer's 7 Stocks in 60 Seconds: ADT CZR WDAY QCOM EOG FOSL UBS (Update1)
(Updated from 10:43 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:
Security company ADT (ADT) is a buy on the heels of back-to-back analyst upgrades. That's not the case with casino operator Ceasars (CZR) , however, as that stock continues to slide since its initial public offering.Those upgrades had little effect on ADT shares Tuesday, which closed nearly unchanged. Also unchanged were Ceasars.
Cramer said the analysts are starting coverage of Workday (WDAY) with a neutral given how far the stock has run, but it remains one of the hottest new stocks of the year. He was also bullish on Qualcomm (QCOM) and EOG Resources (EOG) .Workday shares ended the day 2.7% lower, Qualcomm was down a fraction of a percentage point but EOG jumped 4.4%.
When asked about the earnings miss at accessory maker Fossil (FOSL) , Cramer said fossil is a type of fuel, not jewelry. Finally, he said UBS (UBS) is getting out of money-losing businesses and into money-making ones, and he likes the changes.Fossil shares collapsed nearly 11% but UBS ended the day 3.2% higher.
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--Written by Scott Rutt in Washington, D.C.
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