Jim Cramer made the following calls on July 29th, 2013. What do you think about his picks?
Starbucks Corp. (NASDAQ:SBUX): 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 $73.52, and its 52-week low is $43.04.
Starbucks has been getting the green light from Cramer for a while now, and after remarkable earnings, continues to advocate the stock. Margin expansion, and a 13 percent year-over-year revenue growth drove the stock up, and Cramer doesn’t think it will stop there. He also noted the lack of complaints in the conference call about economic conditions weighing on the company, certainly something which bodes well for the stock as the global economy remains shaky.