Jim Cramer: Buy Alcoa, Acorda, and These Two Stocks

Jim Cramer made the following calls on November 5th, 2013. What do you think about his picks?

Alcoa, Inc. (NYSE:AA): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on October 22, 2013. The stock’s 52-week high is $9.97, and its 52-week low is $7.63. Cramer was optimistic about Alcoa, saying that the steel and aluminum maker has been slowly on the rise. This is to be expected as the economy picks up and demand for its products begins once more to build.

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Acorda Therapeutics, Inc. (NASDAQ:ACOR): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on August 1, 2013. The stock’s 52-week high is $40.87, and its 52-week low is $22.67. Cramer sat down with Ron Cohen, the president and CEO of Acorda Therapeutics, to discuss the pharmaceutical company’ s future plans. Cohen said that it was Ampyra, the company’s multiple sclerosis drug, that has been having the biggest splash both medicinally and for the company’s revenues. Cohen added that a drug for epilepsy could be in the works.

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ConocoPhillips (NYSE:COP): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on May 23, 2013. The stock’s 52-week high is $74.59, and its 52-week low is $53.95. Cramer responded to a viewer query by reiterating his buy ranking on ConocoPhillips, the oil giant. Cramer said that he thinks that the stock is a great one to own.

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Carrizo Oil & Gas Inc. (NASDAQ:CRZO): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on September 17, 2013. The stock’s 52-week high is $47.87, and its 52-week low is $19.47. Cramer was a fan of Carrizo Oil & Gas, deciding not to be fazed by the stock’s shaky performance over the last days and instead focusing on the bigger picture. The stock has has grown phenomenally so far this year, effectively doubling in price over the last 12 months.

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