Jim Cramer Stock Watch: May 7th Stock Picks You Must Know

Jim Cramer made the following calls on May 7th, 2012. What do you think about his picks?

American International Group, Inc. (NYSE:AIG): Jim Cramer ranked this stock a Buy. The stock closed at $31.84, its 52-week high is $34.91, and its 52-week low is $19.18.

A Closer Look: AIG Earnings Cheat Sheet>>

Cliffs Natural Resources Inc. (NYSE:CLF): Jim Cramer ranked this stock a Buy. The stock closed at $58.46, its 52-week high is $102.00, and its 52-week low is $47.31.

The Hain Celestial Group, Inc. (NASDAQ:HAIN): Jim Cramer ranked this stock a Buy. The stock closed at $50.91, its 52-week high is $48.21, and its 52-week low is $26.10.

LSI Corporation (NYSE:LSI): Jim Cramer ranked this stock a Buy. The stock closed at $7.87, its 52-week high is $9.20, and its 52-week low is $4.75.

Time Warner Inc. (NYSE:TWX): Jim Cramer ranked this stock a Buy. The stock closed at $36.00, its 52-week high is $39.24, and its 52-week low is $27.62.

Feature Reading: Time Warner Earnings Cheat Sheet>>