It's now your chance to buy in this turnaround story

Jim Cramer, of CNBC, said Tuesday that Dine Brands shares were so cheap that it was worth taking risks and buying them.

Dine Brands, the former DineEquity, is the parent company of Applebee and IHOP.

"[CEO] Stephen Joyce has designed a spectacular and completely new return at Dine Brands … by embracing technology to understand what his customers really want. It's a winner, "said the animator of" Mad Money. "Yes, the action has had an incredible run, but I think it's worth it to buy it with a significant decline. "

Cramer said the company was a "serial subinterprinter" for years, which had led to the departure of former CEO Julia Stewart in 2017. Under the leadership of Joyce, the title had risen by 33% in 2018 and had increased by more than 40% this year.

The title having dropped by more than 4% during the session, Cramer said it was a good opportunity to invest.

Get all Cramer's thoughts on the history of Dine Brands' return here

Cramer said investors should keep an eye on buying opportunities, especially with the Federal Reserve on the cusp of reducing interest rates.

The leading averages all fell during the session on Tuesday on a lower volume, as the earnings season warmed.

The Dow Jones Industrial Average hit another all – time high before dropping 0.09% on the approach of a four – day victory. The S & P 500, which had a five-day winning streak, closed down 0.34% and the Nasdaq Composite ended a two-day series to end the day down 0.43. %.

"When a Fed leader wants to cut interest rates … then you should own stocks that benefit from lower rates," said the host. "When you see sales of JB Hunt rebound, and you see the excellent retail sales figures, and that does not prevent the Fed from lowering the rates, I mean you have the qualities of the sales. a good market. "

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Domino & # 39; s Pizza is committed to its long-term projects while third-party delivery companies such as GrubHub, Uber Eats and DoorDash present short-term pressures, said CNBC General Manager Ritch Allison , following the call of his profits Tuesday.

Delivery applications that allow customers to order meals at a plethora of restaurants "create turbulence in the market," but the viability of these companies in the long run is unclear, he said. interview with Jim Cramer.

"We will not do any nonsense, you know, in short-term reaction," he said in an interview for "Mad Money." "We are always very focused on the profitability of our franchisees – we think so above all else – and on generating exceptional returns and free cash flow for our investors."

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The market may be subject to correction now that the S & P 500 is trading above the 3,000 level, according to the charts.

For this reason, investors have good reason to be more cautious about their portfolios, CNBC's Jim Cramer said on Tuesday, citing Carley Garner. The S & P added more than 650 points, nearly 28%, since the troughs in December during the fourth quarter crisis.

"After the epic run in averages, charts, as interpreted by Carley Garner, suggest that the stock market rally has become more limited," said the host.

Understand the graphical badysis here

During Cramer's flash game, the host of "Mad Money" quickly comments on his choices regarding stock selection of the day.

Symantec: "I think Symantec is under the tutelage of Acting General Manager, Rich Hill, which means buy, buy, buy.It is the man at the Midas touch."

Clorox: "Clorox is a very good example of the kind of forgiveness market I'm talking about, the last quarter was not that good, but here's the stock that breaks out, if the news is bad, then it's going to happen There's good news, so stay on this stock for a long time. "

United Rental: "I think URI is excellent."