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Cramer's 6 Stocks in 60 Seconds: IBM MWE SRPT ABC AGU QCOM (Update 1)

Tickers in this article: ABC AGU IBM MWE QCOM SRPT
Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".

(Updates from 11:37 a.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 agrees with the analyst upgrade on IBM and he's also bullish on MarkWest Energy , a stock he called one of the best pipeline MLPs out there. IBM ended Wednesday trading up 2.8% to $212 while MWE fell 1.2% to $60.67.

Cramer was also bullish on Sarepta Therapeutics and well as AmerisourceBergen , saying the analysts have missed the move in Amerisource. SRPT fell 2.5% to $38.85 but ABC rose 1% to $53.30.

Cramer was more skeptical on Agrium and also on Qualcomm , noting that a tech rally needs to include Qualcomm, and so far we haven't seen one. AGU fell 1% to $94.10 while QCOM ended trading 2% higher at $67.29.

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-- Written by Scott Rutt in Washington.

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