Jim Cramer Tells Viewers to Buy Merck, J.C. Penney and Estee Lauder

Jim Cramer made the following calls on January 23rd, 2012. What do you think about his picks?

Estee Lauder Companies Inc. (NYSE:EL): Jim Cramer ranked this stock a Buy. The stock closed at $57.48, its 52-week high is $60.37, and its 52-week low is $56.95.

J. C. Penney Company, Inc. (NYSE:JCP): Jim Cramer ranked this stock a Buy. The stock closed at $34.97, its 52-week high is $41.00, and its 52-week low is $23.44.

Merck & Co. Inc. (NYSE:MRK): Jim Cramer ranked this stock a Buy. The stock closed at $38.77, its 52-week high is $39.43, and its 52-week low is $29.47.

Nordic American Tanker Shipping Ltd. (NYSE:NAT): Jim Cramer ranked this stock a Buy. The stock closed at $13.80, its 52-week high is $26.18, and its 52-week low is $11.58.

Rackspace Hosting, Inc (NYSE:RAX): Jim Cramer ranked this stock a Buy. The stock closed at $42.28, its 52-week high is $46.49, and its 52-week low is $30.34.

Yahoo! Inc. (NASDAQ:YHOO): Jim Cramer ranked this stock a Sell. The stock closed at $15.68, its 52-week high is $18.84, and its 52-week low is $11.09.

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