Jim Cramer Stock Watch: August 16th Stock Picks to Watch Now

Jim Cramer made the following calls on August 16th, 2011. What do you think about his picks?

  1. Bank of America Corporation (NYSE:BAC): Jim Cramer ranked this stock a Sell. The stock closed at $7.40, its 52-week high is $15.31, and its 52-week low is $6.31. About the company: Bank of America Corporation accepts deposits and offers banking, investing, asset management, and other financial and risk-management products and services. The Company has a mortgage lending subsidiary, and an investment banking and securities brokerage subsidiary.
  2. SPDR Gold Trust (NYSE:GLD): Jim Cramer ranked this stock a Buy. The stock closed at $173.92, its 52-week high is $175.13, and its 52-week low is $118.71. About the company: SPDR Gold Trust is an investment fund incorporated in the USA. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Trust holds gold and is expected from time to time to issue Baskets in exchange for deposits of gold and to distribute gold in connection with redemptions of Baskets. Is Gold the Safe Haven? For more analysis on our support levels and ranges for gold and silver, consider a free 14-day trial to our acclaimed Gold & Silver Investment Newsletter.
  3. The Home Depot, Inc. (NYSE:HD): Jim Cramer ranked this stock a Buy. The stock closed at $33.12, its 52-week high is $39.38, and its 52-week low is $27.10. About the company: The Home Depot, Inc. is a home improvement retailer that sells building materials and home improvement products. The Company’s sell a wide assortment of building materials, home improvement and lawn and garden products and provide a number of services. Home Depot operates throughout the U.S. (including Puerto Rico, the Virgin Islands and Guam), Canada, China, and Mexico.
  4. Mylan, Inc. (NASDAQ:MYL): Jim Cramer ranked this stock a Sell. The stock closed at $20.01, its 52-week high is $25.46, and its 52-week low is $16.97. About the company: Mylan Inc. is a global generic and specialty pharmaceuticals company. The Company operates an active pharmaceutical ingredient manufacturer and runs a specialty business focused on respiratory, allergy, and psychiatric therapies.
  5. Penn National Gaming Inc. (NASDAQ:PENN): Jim Cramer ranked this stock a Sell. The stock closed at $38.59, its 52-week high is $44.29, and its 52-week low is $27.02. About the company: Penn National Gaming, Inc. owns and operates Charles Town Races in West Virginia which features slot machines, casinos in Mississippi, and a riverboat gaming facility in Louisiana. The Company also owns racetracks and off-track wagering facilities in Pennsylvania, as well as manages a gaming facility in the Province of Ontario, Canada.
  6. Perrigo Co. (NASDAQ:PRGO): Jim Cramer ranked this stock a Buy. The stock closed at $89.56, its 52-week high is $94.61, and its 52-week low is $56.09. About the company: Perrigo Company manufactures store brand over-the-counter pharmaceutical products and also manufactures store brand nutritional products. The Company’s customers include major national and regional retail drug, supermarket, and mass merchandise chains such as Albertson’s, CVS, and Target, and major wholesalers such as Super Valu and McKesson.
  7. Riverbed Technology, Inc. (NASDAQ:RVBD): Jim Cramer ranked this stock a Sell. The stock closed at $25.18, its 52-week high is $44.70, and its 52-week low is $17.16. About the company: Riverbed Technology, Inc. manufactures and markets appliances used to connect computers in wide area networks.
  8. Starbucks Corp. (NASDAQ:SBUX): Jim Cramer ranked this stock a Buy. The stock closed at $38.89, its 52-week high is $41.11, and its 52-week low is $22.50. About the company: Starbucks Corporation retails, roasts, and provides its own brand of specialty coffee. The Company operates retail locations worldwide and sells whole bean coffees through its sales group, direct response business, supermarkets, and on the World Wide Web. Starbucks also produces and sells bottled coffee drinks and a line of ice creams.
  9. Southern Copper Corp. (NYSE:SCCO): Jim Cramer ranked this stock a Buy. The stock closed at $29.77, its 52-week high is $50.35, and its 52-week low is $27.29. About the company: Southern Copper Corporation conducts mining operations in Peru and Mexico. The Company owns and operates open pit mines and metallurgical complexes that produce copper, molybdenum, zinc, and precious metals.
  10. Saks Incorporated (NYSE:SKS): Jim Cramer ranked this stock a Buy. The stock closed at $8.65, its 52-week high is $12.97, and its 52-week low is $6.60. About the company: Saks, Inc. operates department stores in the United States. The stores offer a wide variety of branded and private label merchandise including luxury apparel, shoes, accessories, cosmetics, and decorative home furnishings.
  11. Sequans Communications SA (NYSE:SQNS): Jim Cramer ranked this stock a Sell. The stock closed at $6.66, its 52-week high is $19.50, and its 52-week low is $5.50. About the company: Sequans Communications SA is a fabless designer, developer and supplier of 4G semiconductor solutions for wireless broadband applications. The Company’s solutions incorporate baseband processor and radio frequency, or RF, transceiver integrated circuits, or ICs, along with its proprietary signal processing techniques, algorithms and software stacks.
  12. Sunrise Senior Living Inc. (NYSE:SRZ): Jim Cramer ranked this stock a Buy. The stock closed at $6.84, its 52-week high is $12.44, and its 52-week low is $2.18. About the company: Sunrise Senior Living, Inc. provides senior living services. The Company has various senior living communities either open or under construction in the United States, the United Kingdom, and Canada. Sunrise offers a range of senior living services, from independent living, to assisted living, to care for individuals with Alzheimer’s, and nursing and rehabilitative care.
  13. Wal-Mart Stores Inc. (NYSE:WMT): Jim Cramer ranked this stock a Buy. The stock closed at $51.92, its 52-week high is $57.90, and its 52-week low is $48.31. About the company: Wal-Mart Stores, Inc. operates discount stores, supercenters, and neighborhood markets. The Company’s discount stores and supercenters offer merchandise such as apparel, housewares, small appliances, electronics, and hardware. Walmart’s markets offer a full-line supermarket and a limited assortment of general merchandise. The Company operates nationally and internationally.
  14. Wynn Resorts Ltd. (NASDAQ:WYNN): Jim Cramer ranked this stock a Buy. The stock closed at $146.88, its 52-week high is $172.58, and its 52-week low is $79.89. About the company: Wynn Resorts Limited owns and operates luxury hotels and destination casino resorts in Las Vegas, Nevada and in Macau, China. The resorts features guest rooms and suits, restaurants, golf courses, and on-site luxury automotive dealerships.

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