Cramer's 6 Stocks in 60 Seconds: NOV ITW MWE BSX NSC YELP
NEW YORK (TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk On The Street" Tuesday:
National Oilwell Varco (NOV) is a terrific technology company, so to see it downgraded has Cramer worried. He was not worried about Illinois Tool Works (ITW) , however, after the company's CEO passed away last week. Cramer said he still likes this the company.
Cramer was also bullish on Markwest Energy (MWE) , saying this company's secondary offering went very well, which means things are working. He also said that if Norfolk Southern (NSC) is able to meet its numbers, coal may have indeed bottomed.
He is less optimistic about Boston Scientific (BSX) . Cramer said this group has been in turmoil as of late, and the positive momentum at Boston Scientific may be stopped in its tracks.He ended on a positive note by saying people really like using Yelp (Yelp) , which is why this company is among the best-performing social media stocks this year.
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-- Written by Scott Rutt in Washington.
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