Cramer's 6 Stocks in 60 Seconds: NTAP KORS YELP AGN TSCO ALXN (Update 1)

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

(Updates from 11:30 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.

Morgan Stanley likes NetApp ( NTAP). Cramer agreed, adding the stock's momentum has been incredible and it's inexpensive. NTAP shares rose 2% to $40.10.

Michael Kors ( KORS) was downgraded at Piper Jaffray to hold from buy, but Cramer argued high-end retail is doing well this year. KORS closed down 1.8% to $62.65.

UBS downgraded Yelp ( YELP) to hold from buy. Cramer understands the call, but says, "I don't know if you want to sell it." YELP fell 1.9% to $38.67.

Citigroup thinks Allergan's ( AGN) drug, Restasis, will be fine. Cramer said Allergan stock "will go much higher if that's the case." AGN ended the day at $92.37, up 2.1%.

Tractor Supply Company's ( TSCO) price target was raised by SunTrust. Cramer joked the company is the key to this market because the one he visited was packed over the weekend. TSCO as unchanged at $122.57.

Oppenheimer says an Alexion Pharmaceuticals ( ALXN) takeover by Roche should be in the $148 to $208 ballpark, above the current price of $109. "Where do you get these estimates ? I don't know," Cramer asked, classifying the estimates as slightly absurd. ALXN closed down 5.5% to $107.93.

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-- Written by Bret Kenwell in Petoskey, Mich.

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

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