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.

Must Read: Trading Profiles for Upcoming Earnings Including Kraft Foods and Campbell Soup

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
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
CIEN $25.45 0.00%
CHGG $8.31 0.00%
HOT $79.46 0.00%
MHR $0.96 0.00%
TSCO $92.52 0.00%

Markets

Chart of I:DJI
DOW 17,689.86 -56.12 -0.32%
S&P 500 2,103.84 -4.79 -0.23%
NASDAQ 5,128.2810 -0.5040 -0.01%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs