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

(Updates from 10:47 a.m. ET with closing information.)



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


"Squawk on the Street" Monday.

Wells Fargo expects

Emerson Electric

(EMR) - Get Emerson Electric Company Report

to start making some bolt-on acquisitions, which indicates to Cramer the company could be growing again. He added that he likes the stock. EMR was flat at $61.75.

Credit Suisse upgraded


(HAS) - Get Hasbro Inc. Report

to buy from sell. Cramer wants to know more about the move. HAS rose nearly 1% to $46.39.

Drexel Morgan says to buy

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TheStreet Recommends

Alliant Techsystems


, maker of aerospace and defense products. Cramer said the stock has had a huge move since June. ATK rose 1% to $101.57.

Cramer said the wireless buildout in China will continue and

Altera Corp.

(ALTR) - Get Altair Engineering Inc. Report

will do well as a result. ALTR was up 1.4% to close at $35.15.


(SSYS) - Get Stratasys Ltd. Report

is loved by retail investors and heavily shorted by institutions, with the former winning the battle, according to Cramer. SSYS jumped 4% to $110.04.


(CONN) - Get Conn's Inc. Report

has been doing well and reports earnings on Sept. 5. Cramer said people are buying hard goods, not clothes, which is good for appliance retailers Conn's. CONN closed at $65.14, up 3.8%.

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-- Written by Bret Kenwell in Petoskey, Mich.

Follow @BretKenwell

At the time of publication, Cramer's Action Alerts PLUS had no position in the stocks mentioned.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for, Inc., and CNBC, and a director and co-founder of All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of or its affiliates, or CNBC, NBC Universal or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or is related to the specific opinions expressed by him on "Mad Money."

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