Cramer's 6 Stocks in 60 Seconds: TGT TASR TKR PPG KMX AMZN (Update 1)
Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".
(Updated from 10:18 am ET with closing information.)
NEW YORK (TheStreet) --Here's what Jim Cramer had to say on CNBC's "Squawk On The Street" Thursday:
Target (TGT) shares are holding up well, which is puzzling if things are as bad as some people are predicting, Cramer said. If Taser's (TASR) products are deemed illegal, then the gun makers will pop, he added, which is why he likes retailer Cabella's (CAB).
Target shares were flat but Taser's were stung by a 8.2% drop at the close Thursday.
Cramer was dismissive of activist shareholders trying to split up Timken (TKR), saying he's been to its factories and the businesses can't be separated. Its shares closed down 3.3%. Cramer gave outright buys on PPG (PPG) and Carmax (KMX), the latter of which is benefitting from Hurricane Sandy. Both PPG and Carmax ended the day up 1%. Finally, Cramer was bullish on Amazon.com (AMZN), calling this the "online Christmas." He said Amazon should take out the $270 a share level soon. Amazon stock closed up 1.7%. 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, ScottRuttDCSelect the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
TheStreet Quant Ratings
TRY IT FREENew! $49.95/yr
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
Product Features:
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Dividend Stock Advisor
TRY IT FREEJim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV