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Cramer's 6 Stocks in 60 Seconds: TSRA FOE RIG RDN ETN KSU (Update 1)

Tickers in this article: ETN FOE KSU RDN RIG TSRA
Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".

(Updates from 10:32 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 he's keeping an eye on Tessera Technology (TSRA) as rumors swirl about a plot to fire its CEO. He also said that even bad performers like Ferro Corp (FOE) can receive takeover bids, which the company did today.

TSRA ended Monday trading down 1.2% but FOE jumped 30.8%.

Cramer said Transocean (RIG) will be going higher, as will Radian Group (RDN) ; the two stocks are on fire, he said. RIG was flat but RDN was up 7.6%.

Cramer was also bullish on Eaton (ETN) and railroad Kansas City Southern (KSU) . ETN ended the day down 1% but KSU rode 1.8% higher.

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-- Written by Scott Rutt in Washington.

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