Jim Cramer Highlights DuPont And P&G's Impressive Earnings Reports

CNBC's Jim Cramer highlighted two Dow components that reported exceptional quarterly results on Tuesday.

During Tuesday's segment of "Squawk Box," Cramer singled out E I Du Pont De Nemours And Co (NYSE: DD)'s "tremendous turn" and Procter & Gamble Co (NYSE: PG)'s "fabulous" growth.

Cramer stated both offered encouraging earnings reports, including strong organic growth at a time when many other companies are disappointing the Street.

Cramer continued that Du Pont and P&G are examples of solid quarters from "old-line companies with very energized managements."

Related Link: Procter & Gamble Grows Bottom Line By 5% In Q1

DuPont's stock was trading slightly lower by 0.86 percent late Tuesday morning, but P&G's stock gained more than 4 percent.

By comparison, shares of Under Armour Inc (NYSE: UA) lost more than 13 percent after the company cautioned about un-planned investments to maintain its now reduced growth forecast from 22 percent to 20 percent.

"Certainly don't want to hear that — unplanned investments," Cramer said. "We want planned investments."

Cramer also suggested that General Motors Company (NYSE: GM)'s selloff is overblown, but part of the selloff could be attributed to profit taking, as the stock has outperformed its rival Ford Motor Company (NYSE: F).

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