This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Jim Cramer's 7 Stocks in 60 Seconds: TSCO CHGG SSYS TKR HOT CIEN MHR

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

(Updates from 11:12 a.m. ET with closing information.)

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

Shares of Tractor Supply Company (TSCO - Get Report) are lower following another downgrade, this time from Oppenheimer. Cramer said it "had been a great growth company" but nobody wants to own it anymore. The same is true for Lumber Liquidators (LL) and Ulta Salon (ULTA). TSCO fell nearly 1% to $65.70.

Bank of America downgraded Chegg (CHGG - Get Report) to hold from buy. Cramer said the company has a "terrible profit outlook." CHGG plummeted 22.3% to $6.17.

"The 3-D printing stocks are back and bigger than ever," Cramer said. He called Stratasys (SSYS - Get Report) the best of the group. SSYS rose 4.6% to $123.69.

Jefferies upped its price target on Timken (TKR - Get Report) to $66. Cramer said the Action Alerts PLUS holding could buy back 20% of its outstanding shares with the deleveraging of its balance sheet. TKR was up 2.6% to $59.66.

Starwood Hotel & Resorts Worldwide (HOT - Get Report) is higher after beating on earnings estimates. "This stock is a great play on China," Cramer opined. The company was upgraded by UBS to buy from hold. HOT was 4.3% higher at $78.62.

Ciena (CIEN - Get Report) is "another name I really like," Cramer said. He likes the deal with Ericsson (ERIC) to develop optical networking solutions. CIEN is another AAP holding. CIEN jumped 7.3% to $25.

Magnum Hunter Resources (MHR - Get Report) CEO Gary Evans continually claims the Utica Shale would be big for the company. "Bravo!" Cramer enthused. The company has struck natural gas in Ohio when no one else thought it was there, he added. MHR rose 6.5% to $8.69.

To sign up for Jim Cramer's free Booyah! newsletter, with all of his latest articles and videos, please click here.

-- Written by Bret Kenwell in Petoskey, Mich.

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

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
CIEN $22.17 0.00%
CHGG $8.06 0.00%
HOT $83.13 0.00%
MHR $2.26 0.00%
SSYS $51.28 0.00%

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs