Jim Cramer Hungers for Domino’s, Illumina, and Royal Bank of Scotland
Jim Cramer made the following calls on October 15th, 2013. What do you think about his picks?
Domino’s Pizza, Inc. (NYSE:DPZ): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on September 25, 2013. The stock’s 52-week high is $69.92, and its 52-week low is $38.98. Cramer sat down with Patrick Doyle, the president and CEO of Domino’s Pizza, to talk about how the company sees itself in the current market conditions. Doyle said that the push toward online ordering and improving the fundamentals about the pizza have paid dividends, and Cramer noted the stock’s excellent performance over the course of the last three years. Though the company missed its EPS goal by a slight margin yesterday, Cramer was still a fan of the stock in longer-term investment strategies, claiming that the company still represented a value buy.
Illumina Inc. (NASDAQ:ILMN): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Sell on October 9, 2012. The stock’s 52-week high is $85.81, and its 52-week low is $44.78. Cramer was a fan of Illumina, noting that the company has very strong fundamentals. Recently, the company was selected for a deal with the Universities of Washington and Alabama to develop nanopore sequencing technology that originated from a collaboration between faculty from the two schools.
Royal Bank of Scotland Group plc (NYSE:RBS): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on October 1, 2013. The stock’s 52-week high is $12.37, and its 52-week low is $8.12. Cramer was optimistic about the Royal Bank of Scotland, a perennial favorite for the investment celebrity. He claimed that the stock will be headed to $13, or maybe even higher, before he will think about selling.