Cramer: Buy Pfizer, US Airways, ConAgra, and These 2 Stocks

Jim Cramer made the following calls on July 15th, 2013. What do you think about his picks?

Pfizer Inc. (NYSE:PFE): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on April 12, 2013. The stock’s 52-week high is $31.15, and its 52-week low is $23.07.

“I like Pfizer. I’m a buyer. And in the space, I think Bristol-Myers under $45 is also a buy.” So said Mad Money’s enthusiastic host, who has been bullish on pharmaceuticals since Onyx (NASDAQ:ONXX) rejected a takeover bid, feeling they were worth more than what they were offered. The event gave a new perspective on valuing pharmaceutical companies, potentially making them worth more than previously thought.

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US Airways Group, Inc. (NYSE:LCC): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on June 28, 2013. The stock’s 52-week high is $19.70, and its 52-week low is $9.74.

Cramer even tossed out specific numbers for US Airways, who has an upcoming merger deal with American Airlines. Speculating on the benefits of the deal during his lightning round, Cramer said that, “I’m a buyer, said Cramer. I think it goes to the mid-20′s on the merger with American and after that I think it goes even higher.” The move is an attempt to create a new American Airlines, one which will be a competitor to other major global carriers. After the deal the company will look to offer more than 6,700 daily flights to 336 destinations in 56 countries.

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ConAgra Foods, Inc. (NYSE:CAG): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on June 27, 2013. The stock’s 52-week high is $36.96, and its 52-week low is $23.64.

Cramer liked ConAgra foods during the lightning round, pitching it as an alternative to Pinnacle Foods (PF) which he claimed to be frustrated with. His website also advocates buying the stock despite trading near its 52-week high, saying that its “robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and reasonable valuation levels.” ConAgra’s most recent call indicated a growth in their financial strength as well, with an increase of operating profit of $21 million from a year ago.

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HomeStreet, Inc. (NASDAQ:HMST): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on February 26, 2013. The stock’s 52-week high is $28.73, and its 52-week low is $16.41.

“I think that’s a good one and can go much higher” Cramer said of HomeStreet. While the bank doesn’t produce its second quarterly report until July 29th, Cramer was optmistic on its outlook. The company has been expanding recently as well, buying two branches from AmericanWest Bank in Washington state.

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The Kroger Co. (NYSE:KR): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on May 1, 2013. The stock’s 52-week high is $38.20, and its 52-week low is $20.98.

Cramer called Kroger under-appreciated on Wall Street last night, wondering how, after their recent acquisition of Harris Teeter (HTSI), they were given a downgrade by analysts. Kroger is the countries second largest grocery store, and will acquire competitor Harris Teeter for $49.38 per share in cash.

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