Jim Cramer: Buy Norfolk Southern and Royal Bank of Scotland, and 3 More Stock Picks

Jim Cramer made the following calls on October 24th, 2013. What do you think about his picks?

Norfolk Southern Corp. (NYSE:NSC): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on March 20, 2013. The stock’s 52-week high is $81.00, and its 52-week low is $56.05. Norfolk Southern surged this week, posting the biggest gains in two years for the company as its EPS came in at $1.53, wildly topping the consensus estimate of $1.39. Cramer said that the company represented a good way to play the rail industry, as the company has been bolstered by the need for transportation of commodities such as steel and fracking sand.

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Royal Bank of Scotland Group plc (NYSE:RBS): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on October 15, 2013. The stock’s 52-week high is $11.84, and its 52-week low is $7.00. Cramer was undeterred in his support of Royal Bank of Scotland, a perennial favorite of the Mad Money host. He said that, every time analysts dislike the stock, it makes him want to buy more of it.

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Tractor Supply Company (NASDAQ:TSCO): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on May 21, 2013. The stock’s 52-week high is $131.48, and its 52-week low is $82.39. Cramer was optimistic about Tractor Supply Company, a company that posted 7 percent year-over-year growth in same-store sales. Cramer liked that the company had plenty of room to expand in the United States, and he said that its relatively high share price was more than warranted given the company’s extremely high level of potential for the future.

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Union Pacific Corporation (NYSE:UNP): Jim Cramer ranked this stock a Sell. Cramer previously ranked this stock a Buy on July 23, 2013. The stock’s 52-week high is $165.18, and its 52-week low is $116.06. Cramer was not a fan of Union Pacific, saying that, despite releasing a relatively mundane earnings report earlier this month, the company’s stock was unable to capitalize on the news. Cramer said that he thought that there were better plays in the sector.

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United Rentals, Inc. (NYSE:URI): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on October 17, 2013. The stock’s 52-week high is $59.84, and its 52-week low is $30.72. Cramer reiterated his buy ranking on United Rentals, a company that specializes in the lending of big equipment. Cramer said that investing in a company such as United Rentals is a good way to bet on the success of the construction industry without having to buy into a sluggish name such as Caterpillar.

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