Cramer's 6 Stocks in 60 Seconds: ARMH MOS KEY ISRG PHM DLTR (Update 1)

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

(Updates from 10:37 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.

Piper Jaffray upgraded ARM Holdings ( ARMH). Cramer wasn't surprised, noting people want to own technology stocks. "It's time to buy," he said. ARMH was unchanged at $36.45.

Mosaic ( MOS) is down due to its inability to complete a deal with Cargill shareholders over the repurchasing of shares. "That was a big overhang and now we're back in the agricultural herd," Cramer said. MOS fell 1.8% to $54.91.

BMO Capital upgraded KeyCorp ( KEY) to outperform from market perform. Cramer said that company has one of the best charts in the industry. KEY was up 1.5% to $10.88.

Wall Street just won't let Intuitive Surgical ( ISRG) go down, Cramer said, despite ongoing allegations about the company's practices. ISRG was flat at $503.90.

PulteGroup ( PHM) was downgraded by Merrill Lynch. Cramer noted that everyone has been hating the homebuilders so much that "it's scary." PHM was unchanged at $19.03.

Goldman Sachs thinks Dollar Tree ( DLTR) will beat on earnings and raise guidance. Cramer said he loves this stock and the company, particularly its candy aisle. DLTR was unahanged at $49.95.

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-- Written by Bret Kenwell in Petoskey, Mich.

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

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