Jim Cramer: Buy Verizon, Ventas, and 3 Other Stock Picks

Jim Cramer made the following calls on October 7th, 2013. What do you think about his picks?

Verizon Communications Inc. (NYSE:VZ): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on September 27, 2013. The stock’s 52-week high is $54.31, and its 52-week low is $40.51. Cramer was optimistic about Verizon for the second time in recent weeks, this time citing its cash flow which it can use to support its big yield. This makes it one of the more attractive picks even an economic times ahead appear uncertain.

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Ventas Inc. (NYSE:VTR): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on June 5, 2013. The stock’s 52-week high is $84.11, and its 52-week low is $58.53. Cramer pointed to Ventas as a company that could be worth looking into despite the looming difficulties about resolving the nation’s budget in Washingon. Cramer saw the decline in Ventas’s share price this year as a buying opportunity rather than as a reflection of any weakness in the stock itself.

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Unum Group (NYSE:UNM): Jim Cramer ranked this stock a Buy. The stock’s 52-week high is $32.94, and its 52-week low is $19.04. Cramer was a fan of the insurance provider, saying that now was the time to get on board with the company. Some have expressed concerns over Unum’s division in the United Kingdom, which has led to an increasingly unattractive debt-to-capital ratio, but Cramer was not fazed by such skepticism.

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Cimarex Energy Co. (NYSE:XEC): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on September 26, 2013. The stock’s 52-week high is $102.12, and its 52-week low is $55.74. Cramer sat down with Tom Jorden, the chairman and CEO of Cimarex Energy, to discuss the future of the oil-shale drilling company. Jorden was optimistic both about Cimarex and about the shale drilling sector, which Cramer claimed was an American success story. The two focused on Cimarex’s operations in the Delaware Basin, which Jorden said was a great place to be right now for a company such as Cimarex, providing ample opportunities to harvest oil on a long-term basis.

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Yingli Green Energy Holding Co. Ltd. (NYSE:YGE): Jim Cramer ranked this stock a Sell. Cramer previously ranked this stock a Sell on September 23, 2013. The stock’s 52-week high is $8.33, and its 52-week low is $1.25. Cramer echoed his previous sell ranking on Yingli Green Energy. Cramer conceded that the company has had a good run, but he said that now was the time to jump ship from the company and to make sure that one is able to hold on to the profits of such a potentially lucrative investment.

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