Jim Cramer's 6 Stocks in 60 Seconds: PCYC BTU WWAV UAL DE MU (Update 1)

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

Baird raised its price target on Pharmacyclics (PCYC), but Cramer suggested that Johnson & Johnson (JNJ) was the safer way to invest in the industry. PCYC jumped 7.2% to $121.46.

Goldman Sachs upgraded Peabody Energy (BTU) to buy from hold. Cramer said this stock is a "China play" as well as a play on coal. BTU rose 4% to $20.87.

Credit Suisse said to buy WhiteWave Foods (WWAV) and Cramer agreed, calling it a "really terrific natural-food play." He added that investors shouldn't give up on the industry. WWAV ended the day 4.7% higher at $20.93.

Barclays downgraded United Continental Holdings (UAL). Cramer disagreed with the call. When gasoline and jet fuel go down, "you want to buy this," he said, adding Delta Air Lines (DAL) is also a good stock. UAL rose 4% to $35.36.

Merrill Lynch downgraded Deere (DE) to hold from buy. Cramer said the stock concerns him because of "falling corn prices." DE was unchanged at $81.50.

DRAM pricing is expected to remain strong, which bodes well for Micron (MU). Cramer agreed, saying, "This stock goes to $20." MU was 2.2% higher at $18.11.

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