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Cramer's 7 Stocks in 60 Seconds: SAP LULU WY MCD APOL MA V (Update 1)

Tickers in this article: APOL LULU MA MCD SAP V WY
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(Updates from 10:22 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 is a believer in SAP (SAP) and feels the company is doing fabulously. He was also upbeat on Lululemon Athletica (LULU) , saying that many are short the name but he's sticking with the company. SAP shares were flat but LULU fell nearly 1% Wednesday.

Continuing the love, Cramer said Weyerhaeuser (WY) , a stock he owns for his charitable trust, Action Alerts PLUS, could see $34 a share, but cautioned that McDonald's (MCD) is turning into a horse race between analysts. WY was up 2.3% at Wednesday's close but MCD was flat.

Cramer was bearish on Apollo Group (APOL) , saying that many of the for-profit schools are starting to look like non-profits. APOL stock dropped 7.8%.

He ended on an up note, saying that the move from paper to plastic payments continues to lift both MasterCard (MA) and Visa (V) . MA was up 2.8% while V ended the day up 1.5%.

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-- Written by Scott Rutt in Washington.

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