Friday, January 17, 2014

Jim Cramer's 6 Stocks in 60 Seconds: DECK PXD NUS AA DDS PPG (Update 1)

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(Updates from 10:45 a.m. ET with closing information.)

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

Piper Jaffray and Sterne Agee seem to be taking turns defending Deckers Outdoor (DECK), Cramer said. But "who the heck knows" what's going on with the stock because there seems to be a big seller in the market, he added. DECK closed down nearly 1% to $75.02.

Stifel Nicolaus upgraded Pioneer Natural Resources (PXD) to buy from hold. "This stock has just been a horrendous performer," Cramer said. He thinks it still has access to a lot of oil in the Permian basin. PXD was 82 cents lower at $174.70.

Cramer's "hearing more regulatory action in China" regarding Nu Skin Enterprises (NUS). He thanked TheStreet's Herb Greenberg for warning investors about the possible red flags about the company. NUS dropped 6.3% to $79.47. Alcoa (AA) initially traded lower after reporting earnings but is now higher. "Have some vision, people!" Cramer declared. Higher aluminum demand from Ford (F) as well as some plant closures will help Alcoa. AA rose 2.9% to $11.36. Bank of America/Merrill Lynch reiterated Dillard's (DDS) as a buy. Cramer thought the call was interesting because "it's a department store that's actually liked." DDS was up 49 cents to $90.65. R.W. Baird raised its price target on PPG Industries (PPG) to $215 from $200. Although some investors thought it was a bad quarter, Cramer argued the company provided an "unbelievable forecast" and said CEO Charles Bunch is great. PPG rose 1% to $189.48. 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

Stock quotes in this article: DECK, PXD, NUS, AA, F, DDS, PPG 

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