Jim Cramer made the following calls on July 29th, 2013. What do you think about his picks?
Royal Bank of Scotland Group plc (NYSE:RBS): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on June 10, 2013. The stock’s 52-week high is $11.84, and its 52-week low is $6.28.
Cramer flew in the face of naysayers disliking RBS, saying during the lightning round that the stock was cheap to him, and that, “This has a great franchise and I’m not backing away.” Cramer’s website rates the stock as a Hold, stating that, “The company’s strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and increase in net income.”