Cramer's 6 Stocks in 60 Seconds: NBR VRA MNT YUM TSO EAT
NEW YORK (TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk On The Street" Thursday:
Jefferies lowered its rating on Nabors Industries (NBR) from hold to sell. "There's too much natural gas in this country, so when you drill it, wow," Cramer said. "We have so much natural gas it hurts Nabors."
Vera Bradley (VRA) was upgraded from hold to buy. "This is a fashion play," Cramer explained. "If you miss fashion, people don't like it, it goes down. Maybe this is the bounce people are looking for."
M&T Bank (MTB) is a regional bank, and we heard that regional banks aren't making too much money, but for people who want ideas, M&T is the way to go, Cramer said.
Goldman rated Yum Brands (YUM) at buy. This is a very big trade, Cramer said, the company is turning around. "This is the cheapest restaurant play."
On Tesoro (TSO) , Cramer said, Iif you're in the refining business, you're coining money. We've got cheap energy, you refine it, you charge higher prices, the margins are terrific. We have to harness cheap energy and get our manufacturing here. It can be done. The cheap energy and consistent energy in our country is remarkable."
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-- Written by Anthony Buccino in New York.