Cramer Likes GE, Halliburton, and These 2 Stocks

Jim Cramer made the following calls on July 23rd, 2013. What do you think about his picks?

General Electric Co. (NYSE:GE): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on June 18, 2013. The stock’s 52-week high is $24.95, and its 52-week low is $19.87.

GE’s second quarter results inspired Cramer enough to tell users to buy on Tuesday’s show. The company has returned $9.9 billion to shareholders over the last year, as well as showing profit growth in 6 of 7 of its industrial businesses. While operating earnings were down slightly, the company expects profits to grow going forward as markets including Europe start to find their footing.

GE

Halliburton Company (NYSE:HAL): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on June 24, 2013. The stock’s 52-week high is $46.66, and its 52-week low is $29.83.

Cramer gave the go signal for Halliburton during the lightning round, a company trading within striking distance of its 52-week high currently. According to the conference call for their second quarter earnings, things are going well across the globe. Dave Lesar, chief executive officer, told shareholders that “Our Eastern Hemisphere played out as we expected. Revenue was up 11% sequentially and operating income was up 23%. I want to specifically highlight our Middle East/Asia region, which had an outstanding revenue growth of 20% and operating income growth of 43% relative to the second quarter of last year.”

HAL

Genworth Financial Inc. (NYSE:GNW): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on May 20, 2013. The stock’s 52-week high is $13.79, and its 52-week low is $4.06.

Genworth was a mortgage insurer worth buying according to Cramer, namely because they have little in the way of competition. The Mad Money host also has a bullish long-term view of the housing market. The stock is trading near its 52-week high at $13.44 right now, and earnings are scheduled to be announced on July 31.

GNW

Honeywell International Inc. (NYSE:HON): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on June 26, 2013. The stock’s 52-week high is $84.85, and its 52-week low is $56.33.

Honeywell was one of several companies whose second quarter results Cramer liked, and he told viewers to buy. Honeywell saw second quarter sales of $9.7 billion, and a 12 percent jump in earnings per share to $1.28.

HON

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