Cramer's 6 Stocks in 60 Seconds: ADI WDC ATHN SEAS AGNC F (Update 1)

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


(Updates from 10:36 a.m. ET with closing information.)

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

Analog Devices ( ADI) received an upgrade from Citigroup. Cramer thinks a lot of people are now going after inexpensive technology companies. ADI closed Wednesday up 1.1% to $45.62.

Western Digital ( WDC) will go higher along with Seagate Technology ( STX), according to Cramer. "This is a heavily shorted name." WDC rose 1.4% to $63.73.

AthenaHealth ( ATHN) was upgraded by Raymond James, but Cramer thinks it's "one of the most expensive stocks in the books." ATHN rose 2.3% to $85.09.

SeaWorld Entertainment ( SEAS) was initiated at Goldman Sachs, JPMorgan and Citigroup with a neutral rating. Cramer likes Seaworld but said he prefers Cedar Fair ( FUN) in this sector. SEAS fell 4.1% to $36.15.

American Capital Agency ( AGNC) and Annaly Capital Management ( NLY) might be on the wrong side of the yield curve, according to Cramer. He warns to be careful with the rising yield in 10-year notes. AGNC was flat at $26.40.

Ford Motor's ( F) price target was raised by Citigroup and Cramer approved. Ford, he said, is "a great place to be if you think Europe has bottomed." F ended the day up 2.3% at $14.79.

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-- Written by Bret Kenwell in New York..
At the time of publication, Cramer's Action Alerts PLUS had a position in F.

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