Cramer's 6 Stocks in 60 Seconds: WAG LINE KRO HPQ KO P (Update 1)

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

(Updates from 10:24 a.m. ET with closing information.)

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

Goldman Sachs made Walgreen ( WAG) a conviction buy selection, but Cramer warned the stock is getting rich in valuation. WAG jumped 5% to $53.29.

Cramer said Linn Energy ( LINE) could be at the beginning stages of taking another leg higher. LINE was unchanged at $27.87.

Kroger ( KR) is a great company, Cramer said, adding that it has a strong private-label brand. KRO fell 1.2% to $15.50.

Hewlett-Packard's ( HPQ) estimates are too high and revenue are not growing, according to Cramer. HPQ was lower by 1.4% to $21.96.

Even though Coca-Cola ( KO) is losing market share to PepsiCo ( PEP), carbonated soft drinks continue to be a horrible category, he added. KO was flat at $38.44.

Pandora's ( P) announcement regarding its new CEO has the stock ripping higher. Cramer said there are a lot of shorts in the name and the bulls really love this company. P showed that love, elevating by 12.1% to $2.59.

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-- Written by Bret Kenwell in Petoskey, Mich.

At the time of publication, Cramer's Action Alerts PLUS had no position in the stocks mentioned.

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