Jim Cramer: Buy Chart Industries, Sell IAmGold, and 2 Other Stock Picks
Jim Cramer made the following calls on October 7th, 2013. What do you think about his picks?
Chart Industries Inc. (NASDAQ:GTLS): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on August 13, 2013. The stock’s 52-week high is $130.85, and its 52-week low is $55.89. Cramer was a fan of the energy storage and systems company, which has performed very well in the past months. Cramer still said that the company was a buy, saying that the gas to liquid nature of the company’s business model made it a solid pick.
IAMGOLD Corp. (NYSE:IAG): Jim Cramer ranked this stock a Sell. The stock’s 52-week high is $16.33, and its 52-week low is $3.81. Cramer was bearish about IAMGOLD, having negative things to say both about the steel sector in general and about the tracking of the company to gold prices.
Altria Group Inc. (NYSE:MO): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on January 30, 2013. The stock’s 52-week high is $37.61, and its 52-week low is $30.01. Cramer liked Altria as a pick that could offer returns even while concerns over the government shutdown cause many stocks and indices to be on the downturn. This comes despite the stock’s inconsistent performance over the last year.
Norwegian Cruise Line Holdings (NASDAQ:NCLH): Jim Cramer ranked this stock a Buy. The stock’s 52-week high is $33.67, and its 52-week low is $24.16. Cramer was a fan of Norwegian Cruise Line, despite not being so optimistic about other picks in the same sector. The company recently announced the winning entries in its contest-like design to name the company’s latest two ships.
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