Cramer's 6 Stocks in 60 Seconds: KSU GM AMX SNDK ABX FCX (Update 1)

Tickers in this article: ABX AMX FCX GM KSU SNDK
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(Updates from 10:51 a.m. ET with closing information.)

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

Cramer said investors are taking profits in Kansas City Southern , and he can't blame them after the stock's big run. He said General Motors is looking like a cheap stock because the automaker has a lot of Chinese exposure. KSU closed down 5.5% to $101.86 while GM was off 2.4% to $28.91.

Cramer was surprised at the downgrade of American Movil , but said that strength in SanDisk makes sense as supplies for memory remain tight. AMX fell 3.5% to $20.24 and SNDK was off 3% to $55.99.

Cramer said Barrick Gold continues to be in freefall because many of the gold miners are struggling with higher costs. He closed by saying that Freeport-McMoRan has also been a disaster for investors. ABX dropped 12.6% to $19.78 while FCX fell 8.3% to end Monday trading at $29.27.

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-- Written by Scott Rutt in Washington.

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