Cramer's 6 Stocks in 60 Seconds: BP SIX EL ETH WYNN RIMM

Tickers in this article: BP EL ETH RIMM SIX WYNN
Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".


NEW YORK (TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk On The Street" Friday:

Cramer said he "totally agrees" with the downgrade of

BP (BP) .

"If you think gasoline is coming down, Six Flags (SIX) is going to have a good year-over-year performance," he said. "I do like Six Flags."

Goldman likes Estee Lauder (EL) , but Cramer thinks it's a little high-priced.

Stifel Nicolaus downgraded Ethan Allen Interiors (ETH) from hold to buy. "This is all about the stock market and fiscal cliff," Cramer explained. The company sells more furniture when people are psyched up than when they are psyched down.

UBS downgraded Wynn Resorts (WYNN) . "In Steve Wynn I trust," Cramer pronounced.

Blair warns on Research in Motion (RIMM) . RIMM doubled, Cramer said, so the stock is "a little too hot for me."

To sign up for Jim Cramer's free Booyah! newsletter, with all of his latest articles and videos, please click here.

-- Written by Anthony Buccino in New York.