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Jim Cramer's 6 Stocks in 60 Seconds: TMUS DECK MSFT UA CREE ALKS (Update 1)

Tickers in this article: ALKS CREE DECK MSFT TMUS UA
Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".

(Updates from 10:41 a.m. ET with closing information.)

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

Cramer called T-Mobile US a winner, agreeing with Oppenheimer. The analyst upgraded T-Mobile, citing cost savings and an increase in post-paid customers as positive catalysts. TMUS rose 1.8% to $26.44.

Canaccord upgraded Deckers Outdoor to buy from hold. Cramer said the stock has been "nothing but up" after a few lousy quarters. DECK rose 2% to $67.23.

UBS cut its estimates and price target for Microsoft due to awful PC sales. Cramer said the news isn't impacting upon the stock. MSFT was 1% higher at $33.58.

Cramer called Under Armour's CEO Kevin Plank "one of the most competitive guys I've ever come across in business" after the company was upgraded. UA jumped 4.1% to $82.69.

Goldman Sachs said to buy Cree on a pullback. Cramer cautioned that it's "one of the most dangerous stocks in the world," citing the violent short coverings as just one example. CREE vaulted 16% to $69.76.

Morgan Stanley upgraded Alkermes to buy from hold. Cramer said the stock is already up a lot this year and that's not something he likes. ALKS fell 1.6% to end the day at $33.07.

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-- Written by Bret Kenwell in Petoskey, Mich.