Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Cramer's 6 Stocks in 60 Seconds: GRPN AWAY PEGA KORS IMAX ARMH (Update 1)

Tickers in this article: ARMH AWAY GRPN IMAX KORS PEGA
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:

Cramer said that it may no longer be too early to buy shares of Groupon (GRPN) after the daily deals company received some positive analyst comments about its international efforts. He was also upbeat on Home Away (AWAY) , calling it "a great company."

GRPN shares ended Thursday up 3.8% but AWAY jumped 13.3%.

Also on the bull list, Pegasystems (PEGA) , part of a group Cramer said is alive and well, and accessory retailer Michael Kors (KORS) , whose secondary offering is not holding its price, giving investors a rare buying opportunity.

PEGA rose 1.5% but KORS fell 4.1%.

Cramer said he was wrong to be cautious on Imax (IMAX) because 3-D movies have been a positive force at the company. He ended with ARM Holdings (ARMH) , saying the bottom is still nowhere in sight for this chip designer.

IMAX ended the day up a big 4.3% but ARMH fell 2.5% Thursday.

To sign up for Jim Cramer's free Booyah! newsletter, with all of his latest articles and videos, please click here.

-- Written by Scott Rutt in Washington.

To email Scott about this article, click here: Scott Rutt

Follow Scott on Twitter @ScottRutt or get updates on Facebook, ScottRuttDC