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Cramer's 6 Stocks in 60 Seconds: ESRX URI BBBY JNJ WDAY TGT (Update 1)

Tickers in this article: BBBY ESRX JNJ TGT URI WDAY
Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".

(Updates from 12:21 p.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 said stocks such as Express Scripts are exactly the kinds of stocks that work in this environment. He was also upbeat on United Rentals , saying that the company is doing well. ESRX ended trading Wednesday down 1.1% to $55.60 while URI fell 1.4% to $51.46.

Cramer was critical of the analysts who downgraded Bed Bath & Beyond at the bottom, as that stock has done nothing but climb since the downgrades came out. He also continued to like Johnson & Johnson , saying that the company can do no wrong. BBBY rose 1% to $66.40 and JNJ was up 1% to $83.90.

Finally, Cramer said that while Workday shares are expensive, they still continue to ramp higher as investors clamor for software as a service stocks. He also said he's not betting against Target , a stock that's only down 11 cents since missing its earnings. WDAY fell 1.7% to $58.99 but TGT rose 1% to $68.76.

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-- Written by Scott Rutt in Washington.

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