Jim Cramer: Buy Ford, Computer Sciences, and Fifth & Pacific, But Sell This Stock
Jim Cramer made the following calls on October 1st, 2013. What do you think about his picks?
Ford Motor Co. (NYSE:F): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on September 23, 2013. The stock’s 52-week high is $17.77, and its 52-week low is $9.76. Cramer was optimistic about Ford, saying that the company has been putting up good numbers lately. No doubt, he was at least in part referring to September sales data, where the company came out solidly ahead of other major players in the industry in key categories such as pickup truck sales.
Computer Sciences Corporation (NYSE:CSC): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on March 8, 2013. The stock’s 52-week high is $54.80, and its 52-week low is $30.15. Cramer noted his interest in Computer Sciences Corporation, saying that he found the area of cyber security to be very exciting. The company has potential not only with private clients but also with government contracts, having forged a deal with the U.S. Navy just last week.
Fifth & Pacific Companies Inc. (NYSE:FNP): Jim Cramer ranked this stock a Buy. The stock’s 52-week high is $26.11, and its 52-week low is $9.98. The high-end design company was one that baffled Cramer, he admitted candidly. Cramer acknowledged that Fifth & Pacific was having quite the run, and that there seemed to be real value in the company, making it not too late to jump on board now.
Frontier Communications Corporation (NASDAQ:FTR): Jim Cramer ranked this stock a Sell. Cramer previously ranked this stock a Sell on June 21, 2013. The stock’s 52-week high is $4.95, and its 52-week low is $3.71. Cramer warned investors to stay away from Frontier Communications, saying that there are better places to make money. He very well may have been influenced by the stock’s volatile performance over the last year, which has averaged downward rather than upward.
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