Jim Cramer: Buy Facebook, Johnson & Johnson, and These 3 Stocks

Jim Cramer made the following calls on October 9th, 2013. What do you think about his picks?

Facebook, Inc. (NASDAQ:FB): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on September 26, 2013. The stock’s 52-week high is $51.60, and its 52-week low is $18.80. Cramer remained bullish about Facebook, noting that there was room to grow for the company and for its share price. However, Cramer cautioned about going overboard, saying that it was already up so much lately that it would probably be best not to buy into the stock right now, instead advocating an optimistic holding strategy.

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Johnson & Johnson (NYSE:JNJ): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on September 25, 2013. The stock’s 52-week high is $94.42, and its 52-week low is $67.80. Cramer included Johnson & Johnson in his list of picks to turn to if the situation in Washington heads south. Again, he picks a company that produces basic, household goods considered by many to be necessities, as well as a company that supports a wide array of product lines and brand names.

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The Coca-Cola Company (NYSE:KO): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Sell on July 16, 2013. The stock’s 52-week high is $43.43, and its 52-week low is $35.58. Cramer was a fan of Coca-Cola, a company that he thinks is a decent pick amid the turmoil in Washington. Cramer pointed to the company being just off of its high as a good time to get on board with what he feels is a relatively safer, yet still value-producing, stock pick.

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Pepsico, Inc. (NYSE:PEP): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on July 19, 2013. The stock’s 52-week high is $87.06, and its 52-week low is $67.39. Cramer may have been mocking the national taste test of advertising campaigns past when he said that he preferred Pepsi to Coke. He did praise both companies as solid choices in the current economic climate, and would not fault anyone for including one or both beverage giants in their portfolios at this moment.

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Procter & Gamble Co. (NYSE:PG): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Sell on August 28, 2013. The stock’s 52-week high is $82.54, and its 52-week low is $65.83. Cramer was optimistic about the future of Procter & Gamble. Not only did he like the businesses that the company owned as providing some source of stability to cushion the impact of bad news from Washington, Cramer pointed to the company’s new CEO as a potential driver for the price of shares in the near future.

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