Jim Cramer's 6 Stocks in 60 Seconds: FIVE RAD NDLS UN MU LLY (Update 1)

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(Updates from 10:32 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.

Sterne Agee upgraded Five Below ( FIVE). Cramer loves this stock, saying it has strong momentum. FIVE rose 1.7% to $47.41.

Rite Aid ( RAD) reported better-than-expected earnings. Cramer wasn't surprised. He said the stock can go still higher because the company has "gotten it together merchandise-wise." RAD rose 1.4% to $5.08.

Barclays initiated Noodles & Company ( NDLS) at market-weight. Cramer suggest that investors buy the stock if they think Potbelly will trade higher tomorrow during its public debut. NDLS was flat at $43.03.

Goldman Sachs downgraded Unilever ( UN). Cramer said the company will not meet quarterly estimates after cutting its guidance. He added, "It just tells you that the emerging markets are hurting." UN was 1% higher at $37.89.

Micron Technology ( MU) will continue to go higher based on a shortage of supply, Cramer said. MU was up 2% to $18.01.

Finally, Cramer believes Eli Lilly ( LLY) and other big pharmaceutical companies just don't have any growth, unlike the biotech sector. LLY dropped 3.4% to $48.80.

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-- Written by Bret Kenwell in Petoskey, Mich.

Bret Kenwell currently writes, blogs and also contributes to Robert Weinstein's Weekly Options Newsletter. Focuses on short-to-intermediate-term trading opportunities that can be exposed via options. He prefers to use debit trades on momentum setups and credit trades on support/resistance setups. He also focuses on building long-term wealth by searching for consistent, quality dividend paying companies and long-term growth companies. He considers himself the surfer, not the wave, in relation to the market and himself. He has no allegiance to either the bull side or the bear side.

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