Jim Cramer's 6 Stocks in 60 Seconds: SLB CMG DTV QCOM FFIV DPZ (Update 1)

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


(Updates from 10:27 a.m. ET with closing information.)

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

HSBC downgraded Schlumberger ( SLB). Cramer disagreed. "I wouldn't sell it," because it's the best in its group, he explained. SLB fell 1% to $90.54.

Wedbush raised its price target on Chipotle Mexican Grill ( CMG) to $490. Cramer said the company has a good story, especially as comps have been better than expected. CMG was 1.9% lower to $433.61.

Citigroup upped its price target on DirecTV ( DTV), but Cramer was leery, saying, "I don't want to buy DirecTV up here." DTV was off 1% to $60.87.

Qualcomm ( QCOM) was initiated by Stifel Nicolaus as a buy. Cramer said the stock is cheap. QCOM rose 1% to $68.17.

F5 Networks ( FFIV) has continually missed earnings estimates, but Cramer concurred with Piper Jaffray that the company will not miss this quarter. FFIV was 3% lower to $87.55.

Domino's Pizza ( DPZ) is selling off after a slight earnings miss. Cramer said investors should not bet against the company. DPZ dropped 5.7% to $64.90.

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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.

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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