Cramer's 6 Stocks in 60 Seconds: JAH SBUX PNRA DMND DNKN JCI (Update 1)
(Updates from 10:23 a.m. ET with closing information.) NEW YORK (TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk On The Street" Wednesday:
Cramer said Jarden (JAH) remains a great housewear stock, adding, "Wow, what a stock." He was also bullish on Starbucks (SBUX) , saying the bottom for the coffee giant came during the company's analyst meeting earlier this month.JAH ended trade Wednesday up 2.5% while SBUX was flat.
Cramer panned a recent upgrade of Panera Bread (PNRA) , calling the recommendation "a little late" for a stock that's already run big. He was also upbeat on Diamond Foods (DMND) , the snack food maker that's been embroiled in accounting troubles. Cramer said after multiple guide downs, this company may finally be clean.PNRA ended up 1% while DMND closed up 2.4%.
Finally, Cramer said that while the stock of Dunkin Brands (DNKN) appears to be stalled, the coffee bull market rages on. He was bearish on Johnson Controls (JCI) , however, noting that this serial under-performer would make a good breakup candidate.Shares of DNKN were 1% higher at the close while JCI was up 1.9%.
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-- Written by Scott Rutt in Washington.
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