Thursday, October 17, 2013

Jim Cramer's 6 Stocks in 60 Seconds: CLB PPG NUE ALKS DDD CLX (Update 1)

10 Best Gold Stocks To Invest In 2014

Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus". (Updates from 10:46 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.

Core Laboratories (CLB) may have found the country's largest oil field, Cramer said. If so, Pioneer Natural Resources (PXD) will be the main beneficiary. CLB jumped 8.5% to $189.85.

PPG Industries (PPG) "has fabulous margins" and CEO Charles Bunch continues to deliver, Cramer said. PPG was up 5% to $174.47. Cramer was "thrilled" Nucor (NUE) was finally able to beat earnings estimates after missing for so many quarters. NUE rose 2% to $50.79. Alkermes (ALKS) has a few anti-opiate drugs and Cramer believes in the company and CEO Richard Pops. ALKS vaulted 8.5% to $35.38. Cramer said he was looking for technology companies and found that many investors were piling into 3D Systems (DDD) and other 3-D printing stocks. DDD was 2.7% higher at $56.76. Morgan Stanley downgraded Clorox (CLX) to sell, based on valuation. Cramer agreed, but also argued that the company has a 3.3% dividend yield and great management. CLX fell nearly 1% to $85.25. To sign up for Jim Cramer's free Booyah! newsletter, with all of his latest articles and videos, please click here. -- Written by Bret Kenwell in Petoskey, Mich. Follow @BretKenwell

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