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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.

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-- Written by Scott Rutt in Washington.

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