Cramer: Buy LinkedIn, Kellogg, and These 2 Stocks, Sell Linn Energy

Jim Cramer made the following calls on July 2nd, 2013. What do you think about his picks?

Linn Energy, LLC (NASDAQ:LINE): Jim Cramer ranked this stock a Sell. Cramer previously ranked this stock a Buy on June 21, 2013. The stock’s 52-week high is $42.57, and its 52-week low is $34.27.

Despite having a massive 9 percent dividend yield, Linn energy is on the chopping block for Cramer. Over at his website they’re saying that the stock has, “weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity.” However, for those too tempted by the dividend, it’s also noted that revenue growth came in over 13 percent last quarter, better than industry average.

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Kellogg Company (NYSE:K): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on April 2, 2013. The stock’s 52-week high is $66.84, and its 52-week low is $46.33.

Cramer & Co. are pretty bullish on Kellogg, even after the stock has returned 26.55 percent to investors over the last year. The company commands a respectable 39 percent profit margin, and going forward, Cramer feels this stock could be headed to new highs.

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LinkedIn Corporation (NYSE:LNKD): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on April 26, 2013. The stock’s 52-week high is $202.91, and its 52-week low is $91.67.

In what was a more humble assessment from the typically boisterous Mad Money host, he said of LinkedIn,”I think this is a well-run company and this is an opportunity to buy.” The stock is trading double its 52 week low, and has been consistently trending upwards over the last five days.

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Noodles and Co.(NASDAQ:NDLS): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on July 1, 2013. The stock’s 52-week high is $0.00, and its 52-week low is $0.00.

After a dynamite IPO, Cramer still thinks it’s time to buy this pasta food chain. The share prices have absolutely soared since Noodles & Co. went public, going from $18 to $26, now moving up to $50 per share in pre-market trading. Cramer feels this could be the next Chipotle Mexican Grill (NYSE:CMG).

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Nokia Corporation (NYSE:NOK): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on May 9, 2013. The stock’s 52-week high is $4.90, and its 52-week low is $1.63.

Nokia has taken a beating over the last couple of years, experiencing a plummet in share price down near $1.63 at one point. The company has struggled to find its piece of the pie in the mobile market, but with the advent of the Windows phone, things are looking up for the struggling company. According to Cramer, he may need to “change his tune” on Nokia going forward as the company plays its way back into the mobile game. The company just released $68 dollar phones as it tries to steal the budget market from its larger competitors.

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