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NEW YORK (
) -- Jim Cramer had a lot to say about a recent wave of stock downgrades during his "Six Stocks in 60 Seconds" segment on Monday's "Squawk on the Street" on
He said that data center purveyor
(EQIX - Get Report)
remains the best-performing cloud computing play despite Monday's analyst downgrade. He was also bullish on telco equipment maker
(CIEN - Get Report)
which may now be seeing some buying from
(LLY - Get Report)
is a "red hot" stock like the rest of pharma, said Cramer, and remains good for a short-term trade.
(PHM - Get Report)
also remains a buy as the home builders continue to "make a fortune" despite repeated calls for a top in the housing market.
Rounding out the group, Cramer dismissed rumors that
(NWL - Get Report)
is "vulnerable." He said that Newell, like
Stanley Black & Decker
, continues to see its stock go up anyway.
Cramer was also bullish on
(BRCM - Get Report)
, a stock which he owns for his charitable trust,
Action Alerts PLUS
, and one that he said is poised to have an excellent second half.
--Written by Scott Rutt in Washington, D.C.
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