Cramer’s Got His Eyes on Home Depot, Kroger, and These 2 Stocks

Jim Cramer made the following calls on August 20th, 2013. What do you think about his picks?

The Home Depot, Inc. (NYSE:HD): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on July 25, 2013. The stock’s 52-week high is $81.56, and its 52-week low is $56.20.

Home Depot is a place that can transcend economic hardship, as Cramer pointed to the management team at Home Depot as a catalyst for owning the stock, citing their efficiency and ability to accomplish things. Basically, he said, Home Depot doesn’t make excuses, they just perform.

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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 29, 2013. The stock’s 52-week high is $39.98, and its 52-week low is $21.57.

If there was ever a bold prediction made on Mad Money, this is it, as Jim Cramer told viewers during the lightning round that, “I love Kroger. I think it can go to $245 a share.” A bold prediction from a bold man. The company is currently trading within striking distance of its 52-week high, though, at $37.78.

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Anheuser-Busch InBev (NYSE:BUD): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on July 31, 2013. The stock’s 52-week high is $101.86, and its 52-week low is $80.37.

Cramer liked Anheuser-Busch a bit more than rival Botson Beer (NYSE:SAM), and told viewers now was the time to buy with beer shipments on the rise, 3.8 percent last quarter. Cramer also didn’t express the same concerns about valuation for Anheuser-Busch as he did with Boston Beer.

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Diageo plc (NYSE:DEO): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on July 31, 2013. The stock’s 52-week high is $131.98, and its 52-week low is $106.02.

Diageo continued the love of beer last night, as Cramer told the more adventurous Mad Money viewers to pursue this stock in the space. With 60 percent of the company’s sales split between Europe and emerging markets, the opportunity is big, but the risk could be too.

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