Jim Cramer made the following calls on July 16th, 2013. What do you think about his picks?
Microsoft Corporation (NASDAQ:MSFT): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on June 18, 2013. The stock’s 52-week high is $36.43, and its 52-week low is $26.26.
Microsoft came up during the lightning round last night to which Cramer told viewers to buy. While Microsoft is trading just off its 52-week high, the company was nevertheless still a bull for the Mad Money host, and has been recently selected by the city of San Jose, CA for a rather expansive deal. Microsoft will expand the productivity of 5,000 city employees through various software, and offer improved services near nearly 1 million people in the area mainly through its Office 365 suite.