Cramer's 6 Stocks in 60 Seconds: EXC Z AKS MCD SNDK NOK
NEW YORK (TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk On The Street" Monday:
Excelon (EXC) has been among the worst-performing utility stocks, but that group is trying to find a bottom. He was bearish on Zillow (Z) , saying it is difficult to own a stock that misses the numbers on its first quarter as a publicly traded company.
Cramer was also bearish on AK Steel (AKS) , noting that investors simply cannot own steel stocks at the moment. He was downbeat on SanDisk (SNDK) as well, saying the stock has done nothing and investors need to stay away.
Finally, Cramer said he was not surprised by a downgrade of McDonald's (MCD) because that stock has become a football for analysts. Nor was he surprised by an upgrade of Nokia (NOK) as other analysts are trying to call a bottom in that troubled phone maker.
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-- Written by Scott Rutt in Washington.
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