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

(Updates from 10:46 a.m. ET with closing information.)

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

According to UBS, CharterCommunications (CHTR) - Get Report "could pay $160 for TimeWarnerCable (TWC) and it would still be accretive," Cramer said. CHTR was flat at $134.29.

ADT (ADT) - Get Report is selling off hard following its announcement of a share repurchase plan. Cramer called the stock action a "disaster"  considering the company's good earnings report last week. ADT dropped 5.8% to $41.46.

Goldman Sachs initiated Church & Dwight (CHD) - Get Report as a buy. Cramer said the company has good growth and "I have nothing against the company." CHD was unchanged at $65.66.

Sterne Agee upgraded FinishLine (FINL) to hold from sell. Cramer said the stock "will work" but prefers Nike (NKE) - Get Report and UnderArmour (UA) - Get Report. FINL rose 1.4% to $26.68.

CubistPharmaceuticals (CBST) should benefit from its "new anti-bug drug," Cramer said. CBST jumped 8% to $70.76.

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RBC downgraded AOL (AOL) to hold from buy. Cramer said the call was only made to temporarily drop the stock and it is "just another time to buy AOL." AOL was 2.4% lower at $44.46.

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-- Written by Bret Kenwell in Petoskey, Mich.

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

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