Cramer's 6 Stocks in 60 Seconds: JAH SBUX PNRA DMND DNKN JCI (Update 1)

Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".

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(Updates from 10:23 a.m. ET with closing information.)

NEW YORK (TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk On The Street" Wednesday:

Cramer said Jarden (JAH) remains a great housewear stock, adding, "Wow, what a stock." He was also bullish on Starbucks (SBUX), saying the bottom for the coffee giant came during the company's analyst meeting earlier this month.

JAH ended trade Wednesday up 2.5% while SBUX was flat.

Cramer panned a recent upgrade of Panera Bread (PNRA), calling the recommendation "a little late" for a stock that's already run big. He was also upbeat on Diamond Foods (DMND), the snack food maker that's been embroiled in accounting troubles. Cramer said after multiple guide downs, this company may finally be clean.

PNRA ended up 1% while DMND closed up 2.4%.

Finally, Cramer said that while the stock of Dunkin Brands (DNKN) appears to be stalled, the coffee bull market rages on. He was bearish on Johnson Controls (JCI), however, noting that this serial under-performer would make a good breakup candidate.

Shares of DNKN were 1% higher at the close while JCI was up 1.9%.

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-- Written by Scott Rutt in Washington.

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At the time of publication, Cramer's Action Alerts PLUS had a position in SBUX.

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