Cramer's 6 Stocks in 60 Seconds: JNPR VFC MDLZ BIIB SLB BRCM (Update 1)

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

(Updates from 10:44 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.

Jefferies downgraded Juniper Networks ( JNPR). Cramer agreed, saying that in this part of the technology sector Cisco ( CSCO) is the winner. Cisco is a holding in Cramer's charitable trust, Action Alerts Plus. JNPR fell 1.4% to $20.75.

Cramer disagreed with the downgrade of one of his faves, VF Corp ( VFC), to hold from buy. He said the company's management is doing well and the stock should be bought on any weakness. VFC fell 1.1% to $194.86.

Wells Fargo says to buy Mondelez ( MDLZ).Cramer said we'll hear more about any potential merger with PepsiCo ( PEP) when the latter reports earnings on Wednesday. MDLZ was unchanged at $30.70.

Cramer says to buy Biogen ( BIIB), which is his strategy for other biotech stocks that have had pullbacks this year. BIIB rose nearly 1% to $231.67.

On Schlumberger ( SLB), Cramer said the company has had its "best quarter of the year so far," with the company nailing every metric. SLB rose 1.3% to $83.81.

Broadcom ( BRCM), meanwhile, has been "a real dog" this year, according to Cramer. Goldman Sachs may not be worried about the company, he said, but he's not going to take a stand on the stock. BRCM fell 1.3% to $33.25.

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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 CSCO.

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."

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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.

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