Jim Cramer Stock Watch: December 22nd Stock Picks

Jim Cramer made the following calls on December 22nd, 2011. What do you think about his picks?

Apple Inc. (NASDAQ:AAPL): Jim Cramer ranked this stock a Buy. The stock closed at $398.55, its 52-week high is $426.70, and its 52-week low is $310.50. About the company: Apple Inc. designs, manufactures, and markets personal computers and related personal computing and mobile communication devices along with a variety of related software, services, peripherals, and networking solutions. The Company sells its products worldwide through its online stores, its retail stores, its direct sales force, third-party wholesalers, and resellers.

Best Buy Co. Inc. (NYSE:BBY): Jim Cramer ranked this stock a Sell. The stock closed at $23.22, its 52-week high is $36.33, and its 52-week low is $21.79. About the company: Best Buy Co., Inc. retails consumer electronics, home office products, entertainment software, appliances and related services through its retail stores, as well as its web site. The Company also retails pre-recorded home entertainment products through retail stores.

EOG Resources, Inc. (NYSE:EOG): Jim Cramer ranked this stock a Buy. The stock closed at $98.33, its 52-week high is $121.44, and its 52-week low is $66.81. About the company: EOG Resources, Inc. explores for, develops, produces and markets natural gas and crude oil. The Company operates in major producing basins in the United States, Canada, Trinidad, the United Kingdom North Sea, China and, from time to time, select other international areas.

Ensco plc (NYSE:ESV): Jim Cramer ranked this stock a Buy. The stock closed at $48.51, its 52-week high is $60.31, and its 52-week low is $37.39. About the company: Ensco PLC is an international offshore contract drilling company. The Company’s operations are concentrated in the geographic regions of Asia Pacific (which includes Asia, the Middle East, Australia and New Zealand), Europe/Africa and North and South America.

Ferrellgas Partners LP (NYSE:FGP): Jim Cramer ranked this stock a Sell. The stock closed at $19.55, its 52-week high is $29.00, and its 52-week low is $10.20. About the company: Ferrellgas Partners, L.P. sells, distributes, markets, and trades propane and other natural gas liquids. The Partnership serves residential, industrial/commercial, portable tank exchange, agricultural, wholesale and other customers throughout the United States, the District of Columbia, and Puerto Rico.

Fluor Corporation (NYSE:FLR): Jim Cramer ranked this stock a Buy. The stock closed at $50.46, its 52-week high is $75.76, and its 52-week low is $44.16. About the company: Fluor Corporation is a professional services company. The Company provides engineering, procurement, construction and maintenance as well as project management services on a global basis. Fluor also provides outsourcing of maintenance services and asset operations, equipment rental and sales, business support services, and other services.

Google Inc. (NASDAQ:GOOG): Jim Cramer ranked this stock a Buy. The stock closed at $629.70, its 52-week high is $642.96, and its 52-week low is $473.02. About the company: Google Inc. is a global technology company that provides a web based search engine through its website. The Company offers a wide range of search options, including web, image, groups, directory, and news searches.

hhgregg, Inc. (NYSE:HGG): Jim Cramer ranked this stock a Sell. The stock closed at $13.67, its 52-week high is $22.75, and its 52-week low is $8.88. About the company: hhgregg, Inc. retails video products, brand name appliances, audio products and accessories.

iShares Dow Jones U.S. Real Est (NYSE:IYR): Jim Cramer ranked this stock a Buy. The stock closed at $56.83, its 52-week high is $63.00, and its 52-week low is $46.70. About the company: iShares Dow Jones U.S. Real Estate Index Fund is an exchange-traded fund incorporated in the USA. The Fund’s objective seeks investment results that correspond to the performance of the Dow Jones U.S. Real Estate Index. The Fund will concentrate its investments in the real estate industry sector of the U.S. equity market to approximately the same extent the Index is so concentrated.

The Coca-Cola Company (NYSE:KO): Jim Cramer ranked this stock a Buy. The stock closed at $69.19, its 52-week high is $71.77, and its 52-week low is $61.29. About the company: The Coca-Cola Company manufactures, markets, and distributes soft drink concentrates and syrups. The Company also distributes and markets juice and juice-drink products. Coca-Cola distributes its products to retailers and wholesalers in the United States and internationally.

Magnachip Semiconductor LLC (NYSE:MX): Jim Cramer ranked this stock a Buy. The stock closed at $7.20, its 52-week high is $15.56, and its 52-week low is $5.10. About the company: Magnachip Semiconductor Corporation designs, develops, and manufactures mixed-signal and digital multimedia semiconductors.

NextEra Energy, Inc. (NYSE:NEE): Jim Cramer ranked this stock a Sell. The stock closed at $59.72, its 52-week high is $59.92, and its 52-week low is $49.00. About the company: NextEra Energy, Inc. is a clean energy company. The Company, through its subsidiaries, generates, transmits, distributes, and sells electric energy utilizing natural gas, wind and nuclear resources.

RadioShack Corp. (NYSE:RSH): Jim Cramer ranked this stock a Sell. The stock closed at $9.56, its 52-week high is $18.90, and its 52-week low is $9.15. About the company: RadioShack Corporation operates a chain of retail consumer electronics goods and services stores located throughout the United States and Mexico, along with wireless phone kiosks in the US, and dealer outlets worldwide. The Company offers consumers wireless phone and other electronic products and services from national brands and exclusive private brands and wireless carriers.

Schlumberger Limited (NYSE:SLB): Jim Cramer ranked this stock a Buy. The stock closed at $67.93, its 52-week high is $95.64, and its 52-week low is $54.79. About the company: Schlumberger Limited is an oil services company. The Company, through its subsidiaries, provides a wide range of services, including technology, project management and information solutions to the international petroleum industry as well as advanced acquisition and data processing surveys.

(Note: Pick data are sourced from Thestreet.com. All data are assumed to be accurate.)

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