Cramer's 6 Stocks in 60 Seconds: LULU CEO FINL ARMH YUM JCP (Update 1)

Tickers in this article: ARMH CEO FINL JCP LULU YUM
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(Updates from 10:18 a.m. ET 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 perhaps he was too hard on Lululemon Athletica after the company owned up to a product recall. He was also in a forgiving mood with CNOOC , saying the Chinese oil companies are being revalued more closely to their peers.

LULU ended Monday trading up 1.2% to $63.08 and CEO rose 2.6% to $189.90.

Cramer said he's still cautious on Finish Line but thinks the CEO transition at ARM Holdings is going well. Cramer also felt the analysts are way behind on the good things happening at Yum Brands . However, he continues to believe sales are fleeing JC Penney .

FINL fell 2.9% to $18.19 while ARMH rose 3.3% to $41.42. YUM also rose, by 1.5% to $70.70. JCP ended Monday down 1.6% at $15.18.

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-- Written by Scott Rutt in Washington.

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