Cramer's 6 Stocks in 60 Seconds: CTXS PXD FIO VALE CLB QCOM (Update 1)

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

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(Updates from 10:32 a.m. ET with closing information and corrects Citrix ticker symbol.)

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

Cramer said Citrix Systems (CTXS) is a cloud play with a large short interest. He thinks the stock is headed higher. Cramer was also bullish on the oil stocks, but not on Pioneer Drilling (PXD), which sold some of its acreage.

CTXS closed Thursday up 9.2% whyile PXD was up 1.1%.

When asked about Fusion IO (FIO), Cramer said this Wall Street darling missed its numbers. He was more upbeat on Vale (VALE), saying the iron ore company he owns for his charitable trust, Action Alerts PLUS is a big China story.

FIO dropped 13% while VALE was up 3.6%.

Cramer was also bullish on Core Laboratories (CLB) after interviewing the CEO on "Mad Money" Wednesday. He also liked Qualcomm (QCOM) as the 4G revolution marches on. CLB was up 8.9% and QCOM ended trading up 3.9%.

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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 VALE.

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