Cramer's 6 Stocks in 60 Seconds: LGF GMCR AZO MLNX WRI ASNA (Update 1)

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(Updates from 11:04 a.m. ET with closing information.)

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

Cramer cautioned investors regarding recent upgrades of Lions Gate Films (LGF) and Mellanox Pharmeceuticals (MLNX) , saying "be careful."

Lions Gate shares fell 3% at the Thursday close while Mellanox was up 1.6%.

He was also bearish on Green Mountain Coffee Roasters (GMCR) , saying a recent upgrade is late to the game.

Investors didn't like the Green Mountain taste and its shares closed down 8%.

Cramer was more upbeat, however, on AutoZone (AZO) , saying the auto market continues to be strong. He also likes Weingarten Realty Investors (WRI) , whose CEO he interviewed last night.

AutoZone stock was up 1.1% but Weingarten's was flat.

Finally, Cramer said he's still a fan of Ascena Retail (ASNA) . Investors disagreed, however, and its shares closed down 4.3%.

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-- Written by Scott Rutt in Washington.

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