Jim Cramer made the following calls on September 23rd, 2013. What do you think about his picks?
Ford Motor Co. (NYSE:F): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on September 4, 2013. The stock’s 52-week high is $17.77, and its 52-week low is $9.71. Cramer was once again optimistic about Ford, which announced another hiatus to production in its Romanian plant to accompany slightly revised predictions for European margins that would put the company’s losses in the region for the 2013 fiscal year at just under $2 billion.
Walt Disney Co. (NYSE:DIS): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on September 3, 2013. The stock’s 52-week high is $67.89, and its 52-week low is $46.53. Cramer was optimistic about Disney, calling it a good investment just as he has been for the last several years. Talking with Disney’s CEO, Bob Iger, revealed that the company is not sore about the end of its partnership with Jerry Bruckheimer, which produced many profitable titles and franchises. Iger pointed to mobile and electronic devices as ways for Disney’s products to reach unprecedented numbers of people, noting that the company’s refusal to hoard cash makes a large acquisition unlikely in the near future.
AGCO Corporation (NYSE:AGCO): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on August 26, 2013. The stock’s 52-week high is $60.70, and its 52-week low is $42.48. Cramer sat down with Martin Richenhagen, the president and CEO of AGCO, a manufacturer of agricultural equipment. Richenhagen pointed to the company’s international focus, including European sales and the building of factories in South America, as its keys to success despite the agricultural sector struggling overall. Cramer noted that he was willing to make an exception for AGCO, which has put up strong numbers in what he considers to be a weak sector at this point in time.
Five Below (NASDAQ:FIVE): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on September 6, 2013. The stock’s 52-week high is $49.68, and its 52-week low is $27.73. Cramer was once again a fan of Five Below, the discount retailer that specializes in products for children and adolescents. Cramer looked to the numbers, saying that the company had a strong quarter. The stock had jumped earlier this month after an earnings report, but has since petered off some of the gains.
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