Cramer's 6 Stocks in 60 Seconds: ITW INTC DO RIMM MPC F

Tickers in this article: F RIMM MPC BP INTC DO ITW
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NEW YORK (TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk On The Street" Tuesday:

Illinois Tool (ITW) is a great cyclical company and Cramer said he'd be a buyer on its recent downgrade.

He also noted that Intel (INTC) has become a hated stock on Wall Street, but the company still has a great balance sheet and a good yield.

Cramer was less optimistic on Diamond Offshore (DO) , calling its recent upgrade "questionable." In addition, news of a possible delay for Research In Motion's (RIMM) next-generation phones really isn't news, as the story broke on CNBC last week.

When asked about Marathon Petroleum (MPC) , Cramer said this company is acquiring BP's (BP) assets for a steal and making a ton of money.

Finally, Cramer said Ford Motor (F) needs Europe to turn itself around, so he's got a "wait and see" attitude on the automaker.

--Written by Scott Rutt in Washington, D.C.

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