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Cramer's 6 Stocks in 60 Seconds: WAG LINE KRO HPQ KO P (Update 1)

Tickers in this article: HPQ KO KRO LINE P PEP WAG
Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".

(Updates from 10:24 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.

Goldman Sachs made Walgreen a conviction buy selection, but Cramer warned the stock is getting rich in valuation. WAG jumped 5% to $53.29.

Cramer said Linn Energy could be at the beginning stages of taking another leg higher. LINE was unchanged at $27.87.

Kroger is a great company, Cramer said, adding that it has a strong private-label brand. KRO fell 1.2% to $15.50.

Hewlett-Packard's estimates are too high and revenue are not growing, according to Cramer. HPQ was lower by 1.4% to $21.96.

Even though Coca-Cola is losing market share to PepsiCo , carbonated soft drinks continue to be a horrible category, he added. KO was flat at $38.44.

Pandora's announcement regarding its new CEO has the stock ripping higher. Cramer said there are a lot of shorts in the name and the bulls really love this company. P showed that love, elevating by 12.1% to $2.59.

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-- Written by Bret Kenwell in Petoskey, Mich.