Cramer Likes RBS, Kroger, These 2 Stocks

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.”

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The Kroger Co. (NYSE:KR): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on July 15, 2013. The stock’s 52-week high is $39.87, and its 52-week low is $21.57.

Cramer liked Kroger as opposed to Roundy’s Supermarket (RNDY), which is only up on takeover talk, he said. Since he doesn’t recommend stocks on takeover rumors, he referred Kroger instead which reported record earnings of $0.92 per share for its first quarter fiscal results.

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Limited Brands, Inc. (NYSE:LTD): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on January 14, 2013. The stock’s 52-week high is $55.80, and its 52-week low is $42.49.

Cramer was hyped about this stock last night, saying enthusiastically that, “”These guys are money. I love consistency from a retailer.” For the month of June, Limited Brands reported sales of $4.106 billion for the 22 weeks ended July 6, 2013, up from$3.903 billion for the 22 weeks ended June 30, 2012. The stock has been performing consistently as well over the last month, climbing gradually to its current $55.41.

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Micron Technology Inc. (NASDAQ:MU): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on June 21, 2013. The stock’s 52-week high is $14.60, and its 52-week low is $5.16.

Cramer essentially told his viewers to be more brave with this stock during the lightning round last night, saying that, “People are too conservative. I think it’s going to go higher.” The company’s most recent quarterly results saw its margin grow, though sales have been weak for two quarters now.

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