Cramer's 6 Stocks in 60 Seconds: HAL NTAP WM JOSB TKR SPLS (Update 1)
(Updates from 10:17 a.m. with closing information.)
NEW YORK (TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk On The Street" Monday:
Cramer said that while there was nothing said during Halliburton's (HAL) conference call about gross margins getting better, the analysts seem to think they are, which is sending shares higher. He said analysts are also betting NetApp (NTAP) will make its estimates. If that happens, Cramer said shares go to $45. HAL shares ended Monday up 1.4% while NTAP was up nearly 1%.
Cramer was upbeat on the possibility of Waste Management (WM) converting into a REIT, but was left scratching his head on how Jos. A. Bank (JOSB) could blame "election uncertainty" for slow suit sales. WM was up 2.2% but JOSB fell out of fashion with investors, who sent the stock down 15%.
Rounding out the group, Cramer was bullish on Timkin Steel (TKR) , a company whose CEO he interviewed on last week's "Mad Money," and said he would be bullish on office supply giant Staples (SPLS) if small business creation ever got moving again. TKR was flat while SPLS ended the trading day up 3%.
To sign up for Jim Cramer's free Booyah! newsletter, with all of his latest articles and videos, please click here.
-- Written by Scott Rutt in Washington.
To email Scott about this article, click here: Scott Rutt