Jim Cramer Hungers for Domino’s, Johnson & Johnson, and These 2 Stocks
Jim Cramer made the following calls on September 25th, 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 August 15, 2013. The stock’s 52-week high is $67.80, and its 52-week low is $35.58. Cramer noted that, while there hasn’t been much buzz about Domino’s lately, it remained a solid pick and had shown positive movement during the last several months. The stock of the Ann Arbor-based company has performed better since the company overhauled their image and advertising campaigns, also undertaking moves such as a more aggressive expansion into Europe.
Johnson & Johnson (NYSE:JNJ): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on September 10, 2013. The stock’s 52-week high is $94.42, and its 52-week low is $67.80. Cramer was a fan of the company, noting that he already has a position in the company in his charitable trust. The stock has been moving downward the last several days despite a stronger performance for the first half of this month.
FireEye Inc. (NASDAQ:FEYE): Jim Cramer ranked this stock a Buy. The stock’s 52-week high is $44.89, and its 52-week low is $35.25. Cramer expressed a positive attitude toward FireEye, the electronic security company that just went public this past week. The day of its IPO, the price of the stock went from $20 to over $35, almost doubling in value, just one sign of how much potential investors think that the company could have. Several major banks bought into the company as well during last Friday’s bonanza.
Tibco Software, Inc. (NASDAQ:TIBX): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on September 21, 2012. The stock’s 52-week high is $30.46, and its 52-week low is $18.18. Cramer was optimistic about Tibco, a company that provides software that processes big data to identify what sorts of products and services a company’s customers may be most interested in purchasing. The company presents a strong opportunity for future growth with an economic turnaround possibly in the works, and, while the stock is not inexpensive, it has upward potential moving forward into 2014, Cramer said.