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Cramer's 6 Stocks in 60 Seconds: PRGO CREE HOG GME ORCL MHK (Update 1)

Tickers in this article: CREE ELN GME HOG MHK ORCL PRGO
Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".


(Updates from 10:46 a.m. ET with closing information.)

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

Perrigo has traded lower since its earnings report and acquisition of Elan . But Cramer thinks the company will have good numbers next year. PRGO rose 2.4% at $121.04.

J.P. Morgan said to buy Cree and Cramer agreed, even though the company missed its most recent earnings estimates. CREE closed 1.4% higher at $56.76.

Cramer said Harley-Davidson sales remain strong. He called the stock "one of the great hard-goods plays." HOG was up nearly 1% to $60.

GameStop continues to move higher on the back of a new gaming cycle. Cramer added that the game business is very strong. GME was up 2.1% to $50.66.

Cramer had no comment on a Pacific Crest report urging caution because the "cloud" is reportedly hurting the core businesses of a number of companies, including Oracle . ORCL was flat at $31.70.

Cramer said it was "interesting" that Raymond James likes Mohawk Industries because if housing stays strong, companies like carpet seller Mohawk will continue to do well. MHK was 1.5% higher at $120.07.

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-- Written by Bret Kenwell in Petoskey, Mich.