Jim Cramer: Buy Halcon Resources, International Paper, and These 3 Stocks

Jim Cramer made the following calls on October 24, 2013. What do you think about his picks?

Halcon Resources Corporation (NYSE:HK): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on June 3, 2011. The stock’s 52-week high is $8.28 and its 52-week low is $4.65. Cramer continued his support of Halcon Resources, remaining unchanged in his verdict of the company’s potential from the summer. He said that the firm’s CEO is the real deal and that putting faith in the company will make people some money.

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International Paper Co. (NYSE:IP): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on September 27, 2013. The stock’s 52-week high is $50.33, and its 52-week low is $32.95. Cramer sat down with John Faraci, the CEO and chairman of International Paper, who was optimistic about his company’s future. Faraci said that new paper products, such as containers for frozen foods, are set to boost sales, and sales fueled by companies such as Amazon.com are also on the rise. Cramer noted that International Paper remains very reasonably priced, especially given the company’s dividend and share buyback program, and reiterated his buy ranking on the name.

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Lumber Liquidators Holdings, Inc. (NYSE:LL): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on May 23, 2013. The stock’s 52-week high is $110.45, and its 52-week low is $46.26. Cramer was optimistic about Lumber Liquidators in the wake of its earnings report. He said that the company has seen a fantastic rise in same-store sales, and that it remains poised for further expansion in the United States.

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Cheniere Energy, Inc. (AMEX:LNG): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on June 3, 2013. The stock’s 52-week high is $33.83, and its 52-week low is $13.85. Cramer responded to a viewer query by saying that he thinks that Cheniere is a great stock to own. He noted that the company’s building projects are some of the largest in the country.

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Noble Energy, Inc. (NYSE:NBL): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on October 10, 2013. The stock’s 52-week high is $67.26, and its 52-week low is $42.98. A recent conference call posted by the company did not deter Cramer in his support of the name, which he continues to think is one of the better players in the energy sector. He added that the company may be sitting on one of the largest natural gas fields in the world.

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