Cramer's 6 Stocks in 60 Seconds: FDX RHT ENB COP LNKD ISRG (Update 1)

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

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

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

Citigroup thinks FedEx ( FDX) will have a positive outlook. Cramer warned that "you're taking your life in your hands" by getting into this stock before the company reports earnings. "Let it come in," he advised. FDX closed up 1.1% at $99.48.

Red Hat ( RHT) has been getting crushed but Piper Jaffray thinks the stock is at a good price level. Cramer does, too, saying, "It's going to bottom soon." RHT jumped 2.1% to $46.63.

Goldman Sachs added Enbridge ( ENB) to its conviction buy list. Cramer said the group has been horrendous but Goldman may be calling a bottom. ENB was 1.3% higher at $44.78.

ConocoPhillips ( COP) was downgraded by Howard Weil. Cramer said this downgrade doesn't matter because "oil is going higher." COP was unchanged at $62.10.

It's time to buy LinkedIn ( LNKD), according to Pacific Crest. Cramer said that with more investors wanting to buy and so few shares available there's "scarcity value" on this stock. LNKD was up 1% to $179.42.

Wedbush likes Intuitive Surgical's ( ISRG) growth prospects. Cramer isn't as sure, citing CNBC colleague Herb Greenberg's recent study of the stock. ISRG ended Tuesday up 2.1% to $509.61.

To sign up for Jim Cramer's free Booyah! newsletter, with all of his latest articles and videos, please click here.

-- Written by Bret Kenwell in Petoskey, Mich.

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."

None of the information contained in "Mad Money" constitutes a recommendation by Mr. Cramer, or CNBC that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the program. Mr. Cramer's past results are not necessarily indicative of future performance. Neither Mr. Cramer, nor, nor CNBC guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the program. The strategy or investments discussed may fluctuate in price or value and you may get back less than you invested. Before acting on any information contained in the program, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.

Some of the stocks mentioned by Mr. Cramer on "Mad Money" are held in Mr. Cramer's Action Alerts PLUS Portfolio. When that is the case, appropriate disclosure is made on the program and in the "Mad Money" recap available on The Action Alerts PLUS Portfolio contains all of Mr. Cramer's personal investments in publicly-traded equity securities only, and does not include any mutual fund holdings or other institutionally managed assets, private equity investments, or his holdings in, Inc. Since March 2005, the Action Alerts PLUS Portfolio has been held by a Trust, the realized profits from which have been pledged to charity. Mr. Cramer retains full investment discretion with respect to all securities contained in the Trust. Mr. Cramer is subject to certain trading restrictions, and must hold all securities in the Action Alerts PLUS Portfolio for at least one month, and is not permitted to buy or sell any security he has spoken about on television or on his radio program for five days following the broadcast.