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Cramer's 6 Stocks in 60 Seconds: EMR HAS ATK ALTR SSYS CONN (Update 1)

Tickers in this article: ALTR ATK CONN EMR HAS SSYS
Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".

(Updates from 10:47 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.

Wells Fargo expects Emerson Electric to start making some bolt-on acquisitions, which indicates to Cramer the company could be growing again. He added that he likes the stock. EMR was flat at $61.75.

Credit Suisse upgraded Hasbro to buy from sell. Cramer wants to know more about the move. HAS rose nearly 1% to $46.39.

Drexel Morgan says to buy Alliant Techsystems , maker of aerospace and defense products. Cramer said the stock has had a huge move since June. ATK rose 1% to $101.57.

Cramer said the wireless buildout in China will continue and Altera Corp. will do well as a result. ALTR was up 1.4% to close at $35.15.

Stratasys is loved by retail investors and heavily shorted by institutions, with the former winning the battle, according to Cramer. SSYS jumped 4% to $110.04.

Conn's has been doing well and reports earnings on Sept. 5. Cramer said people are buying hard goods, not clothes, which is good for appliance retailers Conn's. CONN closed at $65.14, up 3.8%.

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-- Written by Bret Kenwell in Petoskey, Mich.