Cramer's 6 Stocks in 60 Seconds: EOG COF WM CSX SLB HLF (Update 1)

Tickers in this article: COF CSX EOG HLF SLB WM
Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".


(Updates from 11:46 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:

Cramer said shares of EOG Resources (EOG) are rising on takeover chatter, with which he disagrees. EOG is an earnings play, he said, as it's the fastest-growing oil company in America. EOG shares closed up 1% Friday.

He was also bullish on Waste Management (WM) , saying construction is picking up after Hurricane Sandy, and Waste Management will benefit. WMT closed up 1%.

In the bearish camp, Cramer said Capital One (COF) had a very tough quarter and conference call. Meanwhile, railroad CSX (CSX) continues to be dragged lower along with coal demand. Investors withdrew support from COF, pushing shares down 7.5%. CSX was unchanged.

Cramer was more upbeat on Schlumberger (SLB) , a stock he owns for his charitable trust, Action Alerts PLUS, saying the company delivered a blowout quarter. SLB rose 4.3% Friday.

He was also positive on Herbalife (HLF) , noting that after the company's great results the hedge funds will likely start buying the stock again soon. HLF ended the day flat.

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