Beat butter, granulated sugar and brown sugar in large mixer bowl until creamy. Beat in egg, orange peel, baking soda and salt. Gradually beat in flour. Stir in morsels and cranberries. Using smallest cookie scoop, drop dough onto ungreased baking sheets.
Bake in preheated 350 degree oven for 10 to 12 minutes or until edges are light golden brown. Let stand for 2 minutes; remove to wire racks to cool completely.