Jim Cramer made the following calls on July 1st, 2013. What do you think about his picks?
EMC Corporation (NYSE:EMC): Jim Cramer ranked this stock a Sell. Cramer previously ranked this stock a Buy on May 3, 2013. The stock’s 52-week high is $28.18, and its 52-week low is $21.45.
Cramer’s sentiment on EMC seems to be justified, as both EMC and Cisco are losing business to SimpliVity. The younger company boasts a new data storage device it calls the OmniCube, which is claimed to be an “all-in-one data storage and retrieval appliance.”
Dean Foods Co. (NYSE:DF): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Sell on March 1, 2013. The stock’s 52-week high is $10.69, and its 52-week low is $5.21.
To quote Cramer from last night’s show, “This is an inexpensive stock and its costs are coming down.” Specifically, Dean is benefiting from lower corn prices, which have been on the decline lately. Dean’s is up almost 3 percent in pre-market trading.
Cedar Fair LP (NYSE:FUN): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on June 10, 2013. The stock’s 52-week high is $44.29, and its 52-week low is $29.52.
Cramer was feeling equally bullish on competitor Six Flags (NYSE:SIX), and in the world of amusement parks, it’s no secret that Cedar Fair’s Cedar Point is the best on the market. Cramer’s website forecast that this stock could push 53 dollars if a few things go its way. Have a look here.
Five Below, Inc. (NASDAQ:FIVE): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on March 28, 2013. The stock’s 52-week high is $43.04, and its 52-week low is $25.00.
According to the Mad Money host, this stock is “cheap”. Last week, Five Below came forward with a secondary offering that gave investors a 6 percent discount to its initial closing price. Since the second offering of $36 dollars, the stock hasn’t soared away completely, and today the company opens trading at just $36.69.
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