Jim Cramer: Get in on Johnson and Johnson, Lions Gate, and These 2 Stocks
Jim Cramer made the following calls on July 17th, 2013. What do you think about his picks?
Express Scripts Inc. (NASDAQ:ESRX): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Sell on December 21, 2012. The stock’s 52-week high is $66.39, and its 52-week low is $49.79.
At this weeks Delivering Alpha Conference guests there liked Express Scripts, and Cramer was inclined to agree. Commenting on the buzz around Express Scripts, he said that, “Express Scripts is the most accessible of these names for you at home. It is a topflight pharmacy benefit manager that is making a ton of money and could do even better under the Affordable Care Act.”
Johnson & Johnson (NYSE:JNJ): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on July 12, 2013. The stock’s 52-week high is $91.66, and its 52-week low is $66.85.
J&J was a lightning round call last night, getting the green light from Cramer. The company is trading near its 52-week high since its conference call, amid the news that it would pay a $0.66 dividend as well as having a sales increase of 8.5 percent since the second quarter 2012.
Korn/Ferry International (NYSE:KFY): Jim Cramer ranked this stock a Buy. The stock’s 52-week high is $19.90, and its 52-week low is $12.73.
Gary Burnison, chief executive of Korn/Ferry, was on the show last night, and Cramer liked what he had to say. Burinson’s firm helps other businesses hire executives that can make their operations more dynamic, though recently the company has been branching out to a larger talent manager as executive hiring has slowed down. Korn/Ferry is also trading near its 52-week high after announcing its fiscal year 2013 results, in which revenue was up 5 percent from fiscal year 2012.
Lions Gate Entertainment Corp. (NYSE:LGF): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on June 27, 2013. The stock’s 52-week high is $33.35, and its 52-week low is $12.75.
Lions Gate was another lightning round mention, and Cramer told viewers to pull the trigger and buy the stock. Specifically, he commented that, “I thought it was going to be a really good stock, then I thought it was out of gas. I was wrong. It is a good stock and it will remain a good stock. They are great, creative and have the right programming.” Subway has recently teamed up with Lions Gate to promote the next big film for the firm, “The Hunger Games: Catching Fire.” The film is due to release November 22 of this year.