Jim Cramer's 6 Stocks in 60 Seconds: OXY LL DMND AWAY RL MU (Update 1)

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

(Updates from 10:33 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.

Wells Fargo said Occidental Petroleum ( OXY) will unlock value soon. "This stock is going higher," agreed Cramer. OXY is a holding in Cramer's charitable portfolio, Action Alerts PLUS. OXY rose 1% to $93.58.

Lumber Liquidators ( LL) is a great growth stock, according to Cramer, with Piper Jaffray noting that it has a 10-year growth plan. LL was 2% higher at $112.96.

BB&T Capital says to buy Diamond Foods ( DMND). Cramer said he wants to hear what TheStreet's Herb Greenberg has to say about the stock first. DMND jumped 11% to $24.48.

Cramer thinks HomeAway's ( AWAY) management tells a good story about the company. Morgan Stanley doesn't think so and downgraded the stock. AWAY dropped 5.6% to $28.99.

Despite the bad quarter and poor guidance from Polo Ralph Lauren ( RL), Cramer is interested that Cowen Group is warming up to the stock. RL rose 1.6% to $165.53.

Micron Technology ( MU) continues to trade higher due to a shortage of DRAM, Cramer said. "This stock trades on supply of DRAM, and it looks like supplies are tight," he added. MU ended the day at $17.47, up 3%.

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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 OXY.

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