Jim Cramer: Buy Cisco, Intel, and These 3 Hot Stocks Now

Jim Cramer made the following calls on September 17th, 2013. What do you think about his picks?

Cisco Systems, Inc. (NASDAQ:CSCO): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on June 12, 2013. The stock’s 52-week high is $26.49, and its 52-week low is $16.68. Cramer expressed optimism about Cisco, which recently has been in the news for butting heads with EZchip (NASDAQ:EZCH) after announcing a processor that would compete with EZchip’s products. The move seems to have had more impact on EZchip’s stock price than Cisco’s.

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Intel Corporation (NASDAQ:INTC): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on June 18, 2013. The stock’s 52-week high is $25.98, and its 52-week low is $19.23. Cramer expressed optimism about Intel, a company that has recently been mixing up its strategy by pledging to offer a tablet with an Intel chip in it for under $100. The product will be available for the holiday season, where sales numbers will serve to show how successful the idea will be.

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Carrizo Oil & Gas Inc. (NASDAQ:CRZO): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on February 26, 2013. The stock’s 52-week high is $36.75, and its 52-week low is $19.47. Cramer sat down with Chip Johnson, the CEO of Carrizo, who explained his company’s strategy of aggressively establishing itself in many shale regions in the United States. Johnson said that Carrizo is now consolidating resources by getting rid of some assets that focus in dry gas, which is not Carrizo’s specialty, and by continuing to develop assets that show moneymaking potential. Cramer reacted positively, reiterating that the stock is a good buy.

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Gilead Sciences Inc. (NASDAQ:GILD): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on August 28, 2013. The stock’s 52-week high is $64.21, and its 52-week low is $32.07. With the help of analysis of Bob Lang, Cramer discussed some of the best biotech stocks from the last year of trading. By the books, Gilead was one of the best, having posted steady gains during that period of time.

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Zoltek Companies Inc. (NASDAQ:ZOLT): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Sell on February 10, 2012. The stock’s 52-week high is $17.24, and its 52-week low is $6.02. Cramer was bullish about the carbon fiber manufacturer Zoltek, which he called a “basic American company” that has performed well so far. However, there is concern that some hedge funds have recently dropped Zoltek, suggesting that there may be some weakness to the company after all.

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