Cramer's 6 Stocks in 60 Seconds: CMI CVX PG BUD PRGO DNDN (Update 1)

Tickers in this article: BUD CMI CVX DNDN PG PRGO
Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".


(Updates from 10:31 a.m. ET with closing information.)

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

The stock of truck maker Cummins (CMI) has gotten ahead of itself and needs to come in, while oil giant Chevron (CVX) , a stock Cramer owns for his charitable trust, Action Alerts PLUS, has been a wild trader of late. CMI shares ended Friday down 1.7% but CVX rose 1.4%.

Cramer thinks shares of Procter & Gamble (PG) , another Action Alerts PLUS holding, would be headed higher if only the company split itself up, but he is a fan of Anheuser-Busch Inbev (BUD) , an inexpensive stock he said "is working." PG ended the day flat but BUD was up 1.4%.

Rounding out the group, Cramer said many investors are piling into generic drug maker Perrigo (PRGO) because of the current flu season, but he cautioned the flu is only a one-time event. He was bullish on Dendreon (DNDN) . Investors sent PRGO 5.8% lower Friday but pushed DNDN 21.1% higher at the close.

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

Follow Scott on Twitter @ScottRutt or get updates on Facebook, ScottRuttDC

Usage of this site is governed by TheStreet's Terms of Use available here. Information collected on this site may be collected by TheStreet and OC Register. TheStreet's use of information collected on this site will be governed by TheStreet's privacy policy available here. OC Register's use of information collected on this site will be governed by OC Register's privacy policy available here. If either TheStreet's or OC Register's privacy policy have provisions that are more restrictive than the provisions of the other party's privacy policy, such more restrictive provisions shall not apply to such other party.

Copyright © 2012 Orange County Register Communications. All Rights Reserved.
Site Help | Site Map