Cramer's 6 Stocks in 60 Seconds: ECA VRA SBUX HES NSC GGC (Update 1)
(Updates from 10:20 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 likes Encana's (ECA) new management but the stock remains a natural gas stock so investors need to be careful. He was equally cautious about Vera Bradley (VRA) , saying that any time a company gets a new CFO, investors need to wait one quarter before buying. ECA ended Monday trading down 2.1% while VBA was down 3.5%.
Cramer was bullish on Starbucks (SBUX) , a stock he owns for his charitable trust, Action Alerts PLUS, calling the coffee chain one of the bright spots in the market. He also said Hess (HES) could be worth $70 a share if the company were to split itself up. SBUX was down 1% but HES was flat.
When asked about Norfolk Southern (NSC) , Cramer said the worst may be over for this transport stock that's not up a lot compared to its peers. He was also upbeat on Georgia Gulf (GGC) , saying the maker of PVC piping is a housing recovery play. NSC rose 1.3% and GGC ended trading up 1%.
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-- Written by Scott Rutt in Washington.
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