Jim Cramer: Buy American Electric Power, Clorox, and These 2 Companies

Jim Cramer made the following calls on November 8th, 2013. What do you think about his picks?

American Electric Power Co., Inc. (NYSE:AEP): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on October 30, 2013. The stock’s 52-week high is $51.60, and its 52-week low is $40.56. Cramer gave his seal of approval to American Electric Power, despite being hesitant over discussing the company’s core business. He said that, while the government hates coal right now, it is the company’s primary fuel, putting the firm in an awkward spot. He also noted that the company’s dividend, as well as its stock, had room to go higher, making it still a fine stock to own.

AEP 20131111

Clorox Corporation (NYSE:CLX): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on October 28, 2013. The stock’s 52-week high is $92.19, and its 52-week low is $72.20. Cramer sat down with Don Knauss, the chairman and CEO of Clorox, to check in with a company that Cramer has called one of the great American innovators. Knauss said that sales have been up across the board, and that he has challenged each one of his company’s brands to rethink how they approach innovation. He also noted positive trends for his company, such as medicare’s reclassification of infections, that Clorox has been able to take advantage of to boost sales. Especially with the acquisition of Burt’s Bees, Cramer said that he continues to give Clorox a wholehearted recommendation.

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AFC Enterprises Inc. (NASDAQ:AFCE): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on August 26, 2013. The stock’s 52-week high is $45.10, and its 52-week low is $24.53. Cramer looked ahead to Wednesday as the day that AFC Enterprises, the owners of Popeye’s restaurant, will report their earnings. Cramer retained a positive outlook toward the company with the report yet to be released.

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Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on August 13, 2013. The stock’s 52-week high is $12.90, and its 52-week low is $7.61. Cramer mentioned Banco Bilbao in response to a viewer query about Banco Santander (NYSE:SAN). He said that, whereas Banco Santander has made several bad decisions, Banco Bilbao has not made such questionable calls and is overall the better stock to own.

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