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

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



) -- Here's what Jim Cramer had to say on


"Squawk On The Street" Monday:

Cramer said he likes

Biogen Idec

(BIIB) - Get Report

. Deutsche Bank says it's not too late to buy, Cramer said. "The

prescriptions are really unbelievable for its MS drug and I understand that. It makes sense." BIIB closed down 3.1% to $215.73.

Cliffs Natural Resources

(CLF) - Get Report

should be avoided, Cramer said. "People want a cyclical stock so bad. May I suggest


(VALE) - Get Report

?" CLF was up 5.5% at $21.01.

On Morgan Stanley raising its rating on


(UNH) - Get Report

, Cramer said the stock has been the "big laggard" in the sector.



has moved ahead,


(HUM) - Get Report

moved ahead," Cramer said, adding Morgan's action is "a good call." UNH was 2.2% higher at $60.20.

Cramer said the rap against

Bank of America

(BAC) - Get Report

has been mortgage-related private lawsuits. Now that the bank is starting to get some settlements on these, "You want to buy Bank of America," he advised. BAC rose 5.2% to $12.88 Monday.

Cramer summed up


(GRPN) - Get Report

in one word: "Nevermind." GRPN dropped 6.5% to $5.46.

Morgan Stanley changed its rating on


(ADT) - Get Report

from sell to hold. "Morgan Stanley has targeted this stock, it's the main reason it went down," Cramer said. "They reiterated that they hate it. It has been a complete bow-wow." ADT ended the day 2% higher at $44.36.

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-- Written by Anthony Buccino in New York.

Follow @AnthonyBuccino

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

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