Jim Cramer made the following calls on October 29th, 2013. What do you think about his picks?
Whirlpool Corp. (NYSE:WHR): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on October 22, 2013. The stock’s 52-week high is $138.33, and its 52-week low is $80.61. Cramer has been keeping an eye on Whirlpool, a company that has seen its stock price jump from $112 to $148 despite the housing market being unable to pick up steam. Cramer said that Whirlpool was a great opportunity, since, if housing sales and starts can turn around, the stock should be able to climb higher still.
Netflix, Inc. (NASDAQ:NFLX): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on September 26, 2013. The stock’s 52-week high is $314.18, and its 52-week low is $53.05. Cramer said that Netflix was one of the better performers over the last several years, harkening back to his recommendation of the stock in 2010. He said that Netflex also serves as an example of why it can be important to stick with a stock; the company did not perform well at first, but, once it sorted out management issues and started to produce original content, the stock took off.
Schlumberger Limited (NYSE:SLB): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on July 30, 2013. The stock’s 52-week high is $87.18, and its 52-week low is $66.85. Cramer was a fan of Schlumberger, the company providing solutions and information systems to companies in the oil and gas industry. He noted the recent bullish performance of the stock, and said that, as the oil and gas industries in America continue to outperform, Schlumburger could still have further room to rise.
Southern Company (NYSE:SO): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on October 7, 2013. The stock’s 52-week high is $48.74, and its 52-week low is $40.63. Cramer gave his seal of approval to Southern Company in response to a viewer query about the company. He said that the company is well-run and has an attractive yield, two big pluses for the name.
Magnum Hunter Resources Corporation (NYSE:MHR): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Sell on May 16, 2013. The stock’s 52-week high is $4.88, and its 52-week low is $2.37. Cramer turned around his opinion on Magnum Hunter Resources, saying that the company’s relatively strong performance this past quarter is indicative of better things to come. Cramer also said that he thinks that Magnum Hunter was able to fix their accounting problems, which will be good for the company moving forward.
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