Jim Cramer shares his thoughts on 5 stocks: Molson Coors, Freeport-McMoRan, Nike, Cisco and American Eagle

Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Molson Coors : Goldman Sachs upgraded the beer maker to a buy rating and raised its price target to $75 per share from $66. The analysts declared TAP the "big winner of spring shelf resets." Jim Cramer said Tuesday beer retailers shuffle their shelf space allocations "twice a year.

Freeport-McMoRan : Bank of America started the international mining company with a buy rating due to high-quality copper leverage and exposure to gold, which has been making new highs. Cramer questions the call as being late: "Parabolic move" in March lows and the analysts say buy now? FCX hit a multiyear high Tuesday. Nike : Piper Sandler's semiannual teen buying survey is out. "Nike is continuing to lose share," Cramer said. Not surprising, he added.

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Stocks making the biggest moves premarket: American Eagle Outfitters, Ally Financial, Molson Coors Beverage and moreThese are the stocks posting the largest moves in early trading.
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