Cramer's 6 Stocks in 60 Seconds: BIIB CLF UNH BAC GRPN ADT (Update 1)

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" Monday:

Cramer said he likes Biogen Idec ( BIIB). 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) should be avoided, Cramer said. "People want a cyclical stock so bad. May I suggest Vale ( VALE)?" CLF was up 5.5% at $21.01.

On Morgan Stanley raising its rating on UnitedHealth ( UNH), Cramer said the stock has been the "big laggard" in the sector. Aetna ( AET) has moved ahead, Humana's ( Hum) 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) 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 Groupon ( GRPN) in one word: "Nevermind." GRPN dropped 6.5% to $5.46.

Morgan Stanley changed its rating on ADT ( ADT) 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.

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

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