Jim Cramer: Buy Columbia Banking, Cheniere Energy Partners, and These 2 Stocks
Jim Cramer made the following calls on November 11th, 2013. What do you think about his picks?
Columbia Banking System Inc. (NASDAQ:COLB): Jim Cramer ranked this stock a Buy. The stock’s 52-week high is $26.87, and its 52-week low is $16.18. Cramer responded to a viewer query about Columbia Banking System by giving the stock his seal of approval. He said that the company was a winner, praising its long-term growth prospects. The stock is up over 60 percent over the course of the last year.
Cheniere Energy Partners, LP (AMEX:CQP): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on June 25, 2013. The stock’s 52-week high is $33.00, and its 52-week low is $17.59. Cramer was a fan of the Energy Partners stock more than just buying Cheniere, even though the main stock of the partners is the namesake company. Cramer said that the company’s CEO, Charif Souki, has been doing good things for his company, a trend that he does predict will cease anytime soon.
DineEquity, Inc. (NYSE:DIN): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on November 11, 2010. The stock’s 52-week high is $83.40, and its 52-week low is $59.61. Cramer stated that DineEquity, the operator of restaurants such as Applebee’s and IHOP, presents a real buying opportunity. He pointed to numbers from the restaurants themselves, as well as initiatives to revitalize brands and keep ticket prices high, as signs that the company was doing something right, but he claimed that analysts were being slow to recommend the stock, making now the perfect time to jump on board as a personal investor.
Gilead Sciences Inc. (NASDAQ:GILD): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on November 8, 2013. The stock’s 52-week high is $73.20, and its 52-week low is $35.56. Cramer included Gilead Sciences in a discussion of biotech stocks that have continued to rally, despite some saying that the markets are done moving upward for the rest of the year. He also used Gilead as an example of a company that is affordable, given its financial numbers, from the perspective of the average investor.