Cramer's 6 Stocks in 60 Seconds: ABBV MGM DNKN K FIVE MJN (Update 1)
(Updates from 10:05 a.m. ET with closing information.)
NEW YORK (TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk On The Street" Wednesday:
Cramer said he's not a fan of Abbvie (ABBV) and prefers Abbott Laboratories (ABT) , which spun off Abbvie earlier this month. He was more upbeat on MGM Resorts (MGM) , saying this company remains the best speculative play in the casino group. ABBV ended trading Wednesday up 2.7% while MGM fell 1.3%.
Cramer also showed some love for Dunkin Brands (DNKN) , which is moving into California, and Kellogg (K) , which has new management and should be able to blow out the numbers. DNKN was up 2.6% but K was flat.
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Dollar store chain Five Below (FIVE) also received a thumbs up from Cramer, as that stock shot higher after a secondary offering. Cramer's only bearish call, Mead Johnson (MJN) , a company he said may is not making the numbers. FIVE jumped 8.1% and MJN ended the trading day down 3.3%.
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-- Written by Scott Rutt in Washington.
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