Jim Cramer made the following calls on October 29th, 2013. What do you think about his picks?
Best Buy Co. Inc. (NYSE:BBY): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on September 16, 2013. The stock’s 52-week high is $38.56, and its 52-week low is $11.20. Cramer called Best Buy’s comeback from $26 to $42 per share a remarkable feat, saying that the stock has gone from a once-foregone retailer that many thought was headed the way of the dodo to a solid Wall Street performer once more. Cramer said that, given that the company is probably through the worst of it, now is not the worst time to buy.
Bristol-Myers Squibb Company (NYSE:BMY): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on August 27, 2013. The stock’s 52-week high is $49.57, and its 52-week low is $30.64. Cramer thought that Bristol-Myers Squibb was a success story, as the name has climbed to above $50 a share near the end of this month. In general, Cramer recommended taking some profits on stocks that were doing well, advice that could well be applied to Bristol-Myers given the gains that the stock has made recently.
Core Laboratories NV (NYSE:CLB): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on October 16, 2013. The stock’s 52-week high is $165.85, and its 52-week low is $94.72. Cramer reiterated his buy ranking on Core Labs, a stock that has soared as high as $200 earlier this month. He said that the share price has turned around and could very well be on the rise once more.
Chipotle Mexican Grill, Inc. (NYSE:CMG): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on July 25, 2013. The stock’s 52-week high is $425.50, and its 52-week low is $233.82. Cramer looked back to when he recommended Chipotle several years ago, saying that then would have been a great time to buy into the company. Aside from a faltering period in the summer of 2012, the stock has performed admirably, and Cramer noted that it is continuing to move higher as it keeps gathering momentum.
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