Jim Cramer's 6 Stocks in 60 Seconds: PCYC BTU WWAV UAL DE MU (Update 1)

Tickers in this article: BTU DAL DE JNJ MU PCYC UAL WWAV

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

Baird raised its price target on Pharmacyclics , but Cramer suggested that Johnson & Johnson was the safer way to invest in the industry. PCYC jumped 7.2% to $121.46.

Goldman Sachs upgraded Peabody Energy to buy from hold. Cramer said this stock is a "China play" as well as a play on coal. BTU rose 4% to $20.87.

Credit Suisse said to buy WhiteWave Foods and Cramer agreed, calling it a "really terrific natural-food play." He added that investors shouldn't give up on the industry. WWAV ended the day 4.7% higher at $20.93.

Barclays downgraded United Continental Holdings . Cramer disagreed with the call. When gasoline and jet fuel go down, "you want to buy this," he said, adding Delta Air Lines is also a good stock. UAL rose 4% to $35.36.

Merrill Lynch downgraded Deere to hold from buy. Cramer said the stock concerns him because of "falling corn prices." DE was unchanged at $81.50.

DRAM pricing is expected to remain strong, which bodes well for Micron . Cramer agreed, saying, "This stock goes to $20." MU was 2.2% higher at $18.11.

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-- Written by Bret Kenwell in Petoskey, Mich.