Cramer Tells Investors Sell Chesapeake Energy and Buy These 3 Stocks

Jim Cramer made the following calls on April 27th, 2012. What do you think about his picks?

Chesapeake Energy Corporation (NYSE:CHK): Jim Cramer ranked this stock a Sell. The stock closed at $17.71, its 52-week high is $35.75, and its 52-week low is $16.78. Chesapeake Energy Corp First Quarter Earnings Sneak Peek>>

Continental Resources Inc. (NYSE:CLR): Jim Cramer ranked this stock a Buy. The stock closed at $89.06, its 52-week high is $97.19, and its 52-week low is $42.43.

Clorox Corporation (NYSE:CLX): Jim Cramer ranked this stock a Buy. The stock closed at $69.84, its 52-week high is $75.44, and its 52-week low is $63.06.

Cypress Semiconductor Corporation (NASDAQ:CY): Jim Cramer ranked this stock a Buy. The stock closed at $14.97, its 52-week high is $23.95, and its 52-week low is $13.67.

Deckers Outdoor Corp. (NASDAQ:DECK): Jim Cramer ranked this stock a Sell. The stock closed at $51.83, its 52-week high is $118.90, and its 52-week low is $51.03.

Featured Reading: Did Amazon Create a Niche for the Kindle Fire?>>