Jim Cramer made the following calls on August 19th, 2013. What do you think about his picks?
Nokia Corporation (NYSE:NOK): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on July 19, 2013. The stock’s 52-week high is $4.90, and its 52-week low is $2.27.
With Nokia unleashing a hoard of new and innovative Windows Phones this year, Cramer sees the potential for upside in the stock, and went ahead and recommended it to viewers last night during the lightning round. He told viewers that, ”I’ve been recommending it. I think it can jump to $5 a share and then we ring the register,” giving specific metrics on how he would play the stock.