Jim Cramer: Buy AOL, Boeing, and These 2 Stocks
Jim Cramer made the following calls on October 18th, 2013. What do you think about his picks?
AOL, Inc. (NYSE:AOL): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on May 14, 2013. The stock’s 52-week high is $43.93, and its 52-week low is $29.16. Cramer highlighted AOL as a company that has turned things around. From the now defunct dial-up market, AOL has picked up such names as Patch and Huffington Post, both of which have helped the company to boost advertising revenue. Combine that with an aggressive share buyback plan that the company has been executing over the last few months, and Cramer sees a company that very well may be worth investing in.
Boeing Co. (NYSE:BA): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on October 10, 2013. The stock’s 52-week high is $122.86, and its 52-week low is $69.30. Cramer was optimistic about Boeing, a stock that he touted as his favorite play in the aerospace sector. Cramer is looking ahead to the company’s quarterly earnings report this Wednesday, which could influence the price of the stock moving forward into the fourth quarter.
US Airways Group, Inc. (NYSE:LCC): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on July 31, 2013. The stock’s 52-week high is $21.06, and its 52-week low is $11.33. Cramer reiterated his buy ranking on US Airways, saying that he liked the sector in general as well as the name of US Air. Cramer noted that, despite disappointment over the potential merger with American Airlines, the company still has value anyways.
ServiceNow (NYSE:NOW): Jim Cramer ranked this stock a Buy. The stock’s 52-week high is $55.46, and its 52-week low is $25.54. Cramer discussed ServiceNow, a company that provides cloud-based IT services to corporations, as a possibility for a stock that may be headed much higher. With the stock already having jumped in the little over a year that the company has been public, and a strong demand for their product bolstered by high customer loyalty, ServiceNow is a name that many on Wall Street have already gotten behind. Cramer’s advice was to wait for earnings reports, due from the company later this week, and to look for any weakness on which to buy the shares.