Jim Cramer's 6 Stocks in 60 Seconds: MU HAIN FB TSLA OUTR HES (Update 1)

Tickers in this article: FB HAIN HES MU OUTR TSLA
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(Updates from 10:36 a.m. ET with closing information.)

NEW YORK (TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk on the Street" Monday.

Cramer said Micron Technology has essentially cornered the DRAM market and because of tight supply. That's why he thinks the "stock's not done going higher." MU was unchanged at $18.49.

Piper Jaffray upgraded Hain Celestial Group to overweight from neutral. Cramer said the stock is a great story thanks to the healthy eating trend. HAIN rose 1.8% to $79.56.

Topeka Capital raised its price target on Facebook to $60. Cramer added that the monetization of Instagram was an important move by Facebook, which is a holding in his charitable trust, Action Alerts PLUS. FB was down 1% to $50.51.

Tesla Motors had its price target raised to $210 at Jefferies. Cramer was amazed and could only add this stock "can't be stopped." TSLA was 1.2% higher at $183.07.

Cramer said Jana Partners' new stake in Outerwall is rather meaningful. OUTR jumped 4% to $59.36.

Bank of America said Hess still has valuable properties. Cramer agreed, noting Hess' positions particularly in the Bakken shale. HES fell nearly 1% to $79.54.

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-- Written by Bret Kenwell in Petoskey, Mich.