Jim Cramer made the following calls on October 21. What do you think about his picks?
Apple Inc. (NASDAQ:AAPL): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on September 6. The stock’s 52-week high is $633.90 and its 52-week low is $385.10. Cramer said that despite a fairly decent year in terms of products and sales, Apple’s stock has not been dramatically on the upswing this year. Cramer was not upset about this, though, pointing out that since the stock is trading at 12 times earnings, now just might be the time to buy. Cramer also pointed to an upcoming iPad announcement and sales over the holiday season as potential positive catalysts for the company.