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Jim Cramer shares his thoughts on Tyson Foods, Micron, U.S. Steel, Johnson Controls and Robinhood

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Robinhood Markets Inc News

Johnson Controls International PLC,US STEEL DRN,Micron Technology Inc

Jim Cramer on Monday weighed in on the headlines influencing trading in shares of Tyson Foods, Micron, U.S. Steel, Johnson Controls and Robinhood.

Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Tyson Foods : Shares fell nearly 7% after the meat supplier issued a weak third-quarter outlook. Its second-quarter earnings were better than expected. "I thought that we were going to be in a situation where Tyson had finally gotten it together. Last quarter was good. I think the last story has not been written yet on Tyson," Jim Cramer said.

Steel : Morgan Stanley upgraded the steelmaker to a buy-equivalent rating, contending its transformation is still on track even as a standalone company. Japan's Nippon Steel is trying to complete a politically controversial acquisition of U.S. Steel. Johnson Controls : Shares were basically flat Monday after UBS downgraded the stock to a hold-equivalent rating.

 

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