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Cramer's 6 Stocks in 60 Seconds: PANW FIVE HLF DG TRN JBL (Update 1)

Tickers in this article: ALU DG FIVE HLF JBL JDSU JNPR PANW TRN
Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".

(Updates from 10:36 a.m. ET with closing information.)

NEW YORK (TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk on the Street" Tuesday.

Palo Alto Networks reported better-than-expected earnings. Cramer said the company is a good play on Internet security. PANW rose 2.4% to end the day at $47.94.

Cramer said Five Below can go much higher thanks to the company's plans to build many more stores. FIVE jumped 17.2% to $48.09.

Herbalife hit a new 52-week high and Cramer said there's definitely a short squeeze taking place. He cautioned investors to know what they're buying and don't get in because of the squeeze. HLF rose 3.4% to $67.71.

Barclays downgraded Dollar General . Cramer completely disagreed with the call, saying it was unfair. He cited the company's recent strong quarter. "Don't sell this stock," he concluded. DG was unchanged at $57.33.

Raytheon was upgraded at Jefferies. Cramer said a lot of countries want to protect themselves from missiles and "Raytheon's got that." RTN was 1.4% higher at $76.89.

Needham upgraded Jabil Circuit and Cramer said the communications equipment sector has been on fire. He also likes Juniper Networks , Alcatel-Lucent and JDS Uniphase . JBL rose 2.8% to $24.04.

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-- Written by Bret Kenwell in Petoskey, Mich.