Jim Cramer's 6 Stocks in 60 Seconds: A LINE GOGO P AMAT COST

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

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

Agilent
Technologies (A) will split up the company by November 2014, and Cramer added that it "had a good quarter." 

Linn Energy (LINE) and Berry Petroleum (BRY) have filed definitive proxy materials with the Securities and Exchange Commission regarding their merger. Cramer said that although there are a lot of big shorts on Linn, they likely will be proved wrong.

Morgan Stanley downgraded GoGo (GOGO) to sell from hold, but Cramer said the stock is a "winner" because of the FAA's new rules. 

J.P. Morgan raised its price target on Pandora (P) ahead of next week's earnings report, and Cramer called the price action a "good short squeeze." 

Applied Materials (AMAT) is trying to merge with Tokyo Electron, but that might not happen due to antitrust concerns, according to Cramer. 

Sterne Agee raised its price target on Costco Wholesale (COST) to $144, and Cramer said that it had the "best comps of any retailer." 

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-- Written by Bret Kenwell in Petoskey, Mich.

At the time of publication, Cramer's Action Alerts PLUS was long LINE and COST.
At the time of publication, Cramer's Action Alerts PLUS was long LINE and COST.

  Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for TheStreet.com, Inc., and CNBC, and a director and co-founder of TheStreet.com. All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of TheStreet.com 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 TheStreet.com, 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 TheStreet.com 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 TheStreet.com. 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 TheStreet.com, 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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