Jim Cramer made the following calls on September 6th, 2013. What do you think about his picks?
Apple (NASDAQ:AAPL): 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 $705.07, and its 52-week low is $385.10. Apple has recently been in the news over talks concerning a potential deal with China Mobile (NYSE:CHL), the largest wireless provider in the emerging Asian country. Apple also may be closing in on a deal with DoCoMo (NYSE:DCM), the largest carrier in Japan, after DoCoMo has reportedly been losing market share to SoftBank because it does not support iPhones.
Advanced Micro Devices (NYSE:AMD): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on August 12, 2013. The stock’s 52-week high is $4.65, and its 52-week low is $1.81. A short while after AMD announced that it will begin shipping out its new ARM chips for smartphones and tablets starting in the first quarter of 2014, AMD has posted gains in the markets over the course of the last week.
Alcatel-Lucent (NYSE:ALU): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Sell on August 17, 2011. The stock’s 52-week high is $3.24, and its 52-week low is $0.91. Alcatel-Lucent recently announced a deal with Telefonica (NYSE:TEF), by which the company would build the infrastructure for Telefonica’s 4G LTE network in western Europe. This comes as welcome news to the company, for whom the contract with Telefonica may be worth as much as 300 million Euros, or nearly $400 million.
Five Below Inc. (NASDAQ:FIVE): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on August 12, 2013. The stock’s 52-week high is $43.04, and its 52-week low is $27.73. Youth discount retailer Five Below will post earnings reports after the markets close today. Some have speculated that their earnings per share will reach 9 cents, part of the reason why UBS upgraded the stock to a Buy last Friday. In other news, the company announced a planned expansion of eleven stores that will soon to be open in the Dallas-Fort Worth area.
Coach Inc. (NYSE:COH): Jim Cramer ranked this stock a Sell. Cramer previously ranked this stock a Buy on May 30, 2013. The stock’s 52-week high is $63.24, and its 52-week low is $45.87. September 5th was the cut off date for the dividend to be paid by Coach near the end of the month of September. The dividend, which will total $0.3375 per share, represents a significant increase from the dividend paid by the company at this time of last year.
