Jim Cramer: Sell Carnival, But Buy Celgene and These 2 Stocks

Jim Cramer made the following calls on October 7th, 2013. What do you think about his picks?

Carnival Corporation (NYSE:CCL): Jim Cramer ranked this stock a Sell. Cramer previously ranked this stock a Sell on June 13, 2013. The stock’s 52-week high is $39.95, and its 52-week low is $32.06. Cramer was not a fan of Carnival, saying that he was going to sell his positions in the company. The stock has recently received several types of downgrades by analysts, though the consensus rating is still to hold the shares for now.

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Celgene Corporation (NASDAQ:CELG): 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 $157.95, and its 52-week low is $71.23. Cramer reiterated his buy ranking on Celgene, a company that he believes compares favorably to other companies in the pharmaceutical sector. He remains convinced that Celgene still presents an attractive investment opportunity to those looking for a stock in the sector.

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The Cooper Companies Inc. (NYSE:COO): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on November 1, 2012. The stock’s 52-week high is $135.41, and its 52-week low is $88.80. Cramer had only good things to say about the Cooper Companies, going so far as to label the stock “terrific.” Cooper Companies is a maker of medical devices, being one of the largest contact lens manufacturers in the world.

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Campbell Soup Co. (NYSE:CPB): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on April 18, 2013. The stock’s 52-week high is $48.83, and its 52-week low is $34.30. Cramer was a fan of Campbell’s saying that the stock is a high-yield pick in a period when the debacle in Washington is causing markets to generally decline. With an established brand name, and sound fundamentals, Cramer could see add a company such as Campbell’s to a portfolio in order to mitigate potential risk from economic news and conditions.

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