Jim Cramer Says Buy Yahoo, Zynga, These Two Stocks

Jim Cramer made the following calls on July 12th, 2013. What do you think about his picks?

Yahoo! Inc. (NASDAQ:YHOO): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on April 9, 2013. The stock’s 52-week high is $27.68, and its 52-week low is $14.59.

Mad Money’s boisterous host also identified Yahoo! as another earnings standout, attributing a lot of his optimism to chief executive Marissa Mayer. Mayer has led Yahoo! on a buying spree of startups to acquire the talent working there, specifically purchasing mobile startups. Mayer hopes to lead the company more into this area and Yahoo! looks to better compete with rivals.

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Zynga, Inc. (NASDAQ:ZNGA): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on July 11, 2013. The stock’s 52-week high is $5.25, and its 52-week low is $2.09.

Cramer has been bullish on Zynga for over a week now, also due to its new CEO. According to him, “I think the new CEO is a winner. It’s too late to sell and time to buy.” While Cramer has changed his mind on Zynga, his website hasn’t, rating it a sell and saying that, “The company’s weaknesses can be seen in multiple areas, such as its weak operating cash flow and generally disappointing historical performance in the stock itself.”

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Wells Fargo & Company (NYSE:WFC): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on July 2, 2013. The stock’s 52-week high is $43.08, and its 52-week low is $31.25.

Cramer liked Wells Fargo compared to some other financials as earnings continue to come out this week, saying he would consider this as an alternative to Bank of America (NYSE:BAC). Well’s Fargo has recently announced a deal to buy Commerzbank’s Hypothekenbank Frankfurt (formerly Eurohypo) U.K. commercial real estate portfolio. The deal is valued at over $6 billion dollars.

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Xilinx Inc. (NASDAQ:XLNX): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on March 6, 2013. The stock’s 52-week high is $43.37, and its 52-week low is $30.25.

Cramer has identified Xilinx as a top performer during this week’s earnings reports. Currently, according to his website, no analysts rate the stock as a sell, and his site also encourages buying shares of this company. Reasons include, “solid stock price performance, increase in net income, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures and expanding profit margins.”

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