Jim Cramer made the following calls on July 2nd, 2013. What do you think about his picks?
Weatherford International Ltd. (NYSE:WFT): Jim Cramer ranked this stock a Sell. Cramer previously ranked this stock a Sell on February 23, 2012. The stock’s 52-week high is $14.65, and its 52-week low is $8.84.
After telling viewers to sell this stock, Cramer’s website reveals a few of the problems he and his staff have with the company, saying that, “we find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity.” Though its rated as a hold over on The Street, Cramer seemed to not even value it that highly on last night’s show.