Jim Cramer Stock Watch: October 12th Stock Picks

Jim Cramer made the following calls on October 12th, 2011. What do you think about his picks?

  1. Apple Inc. (NASDAQ:AAPL): Jim Cramer ranked this stock a Buy. The stock closed at $402.19, its 52-week high is $422.86, and its 52-week low is $297.76. 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.
  2. Avon Products Inc. (NYSE:AVP): Jim Cramer ranked this stock a Buy. The stock closed at $21.88, its 52-week high is $35.64, and its 52-week low is $18.96. About the company: Avon Products, Inc. manufactures and direct sells beauty and related products. The Company markets its products to consumers worldwide through independent sales representatives. Avon’s product line includes beauty, fashion and home.
  3. Chevron Corp. (NYSE:CVX): Jim Cramer ranked this stock a Buy. The stock closed at $97.78, its 52-week high is $109.94, and its 52-week low is $80.41. About the company: Chevron Corporation is an integrated energy company with operations in countries located around the world. The Company produces and transports crude oil and natural gas. Chevron also refines, markets, and distributes fuels as well as is involved in chemical operations, mining operations, power generation and energy services.
  4. Ford Motor Co. (NYSE:F): Jim Cramer ranked this stock a Buy. The stock closed at $11.38, its 52-week high is $18.97, and its 52-week low is $9.32. About the company: Ford Motor Company designs, manufactures, and services cars and trucks. The Company also provides vehicle-related financing, leasing, and insurance through its subsidiary.
  5. Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX): Jim Cramer ranked this stock a Buy. The stock closed at $35.89, its 52-week high is $61.35, and its 52-week low is $29.85. About the company: Freeport-McMoRan Copper & Gold Inc., through its subsidiary, is a copper, gold and molybdenum mining company. The Company primarily mines for copper and owns mining interests in Chile and Indonesia. Freeport-McMoRan Copper & Gold also, through a subsidiary, is involved in smelting and refining of copper concentrates.
  6. Hewlett-Packard Company (NYSE:HPQ): Jim Cramer ranked this stock a Sell. The stock closed at $25.87, its 52-week high is $49.39, and its 52-week low is $21.50. About the company: Hewlett-Packard Company provides imaging and printing systems, computing systems, and information technology services for business and home. The Company’s products include laser and inkjet printers, scanners, copiers and faxes, personal computers, workstations, storage solutions, and other computing and printing systems. Hewlett-Packard sells its products worldwide.
  7. InterDigital, Inc. (NASDAQ:IDCC): Jim Cramer ranked this stock a Sell. The stock closed at $48.46, its 52-week high is $82.50, and its 52-week low is $29.08. About the company: InterDigital, Inc. develops technology for advanced digital wireless telecommunications applications. The Company offers both time division multiple access and wide band code division multiple access proprietary and standards compliant digital wireless technology to customers, licensees, and companies.
  8. Molycorp, Inc Common Stock $0.0 (NYSE:MCP): Jim Cramer ranked this stock a Sell. The stock closed at $37.21, its 52-week high is $79.16, and its 52-week low is $26.02. About the company: Molycorp, Inc. produces rare earth minerals. The Company produces rare earth products, including oxides, metals, alloys and magnets for a variety of applications including clean energy technologies, technology, and defense applications.
  9. Manitowoc Co. Inc. (NYSE:MTW): Jim Cramer ranked this stock a Buy. The stock closed at $8.46, its 52-week high is $23.23, and its 52-week low is $5.95. About the company: The Manitowoc Company, Inc. is a diversified industrial manufacturer of cranes and related products and foodservice equipment. The Company’s products include lattice-boom cranes, tower cranes, mobile telescopic cranes, and boom trucks as well as ice making machines, refrigerators, and freezers.
  10. AT&T, Inc. (NYSE:T): Jim Cramer ranked this stock a Buy. The stock closed at $28.99, its 52-week high is $31.94, and its 52-week low is $27.20. About the company: AT&T Inc. is a communications holding company. The Company, through its subsidiaries and affiliates, provides local and long-distance phone service, wireless and data communications, Internet access and messaging, IP-based and satellite television, security services, telecommunications equipment, and directory advertising and publishing.

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

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