Jim Cramer made the following calls on November 19th, 2013. What do you think about his picks?
Workday (NYSE:WDAY): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on May 1, 2013. The stock’s 52-week high is $84.42, and its 52-week low is $47.74. Cramer talked with Aneel Bushri, one of the CEOs and co-founders of Workday, a company that uses cloud computing to aid companies with human resources. Bushri said that small companies working together are coming to dominate the cloud scene, which lends itself well to newer companies such as Workday. For his part, Cramer was enthusiastic about cloud computing in general, calling Workday one of the better names in the area.
Yelp (NYSE:YELP): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on September 4, 2013. The stock’s 52-week high is $75.37, and its 52-week low is $17.48. Cramer sat down with Jeremy Stoppelman, the CEO and a co-founder of Yelp, to talk about how the online review service has been doing lately. Stoppelman said that growth in mobile ad revenue is good news for Yelp because the company fits so naturally into the profiles of mobile users. Stoppelman also noted that there are plenty of avenues of growth for Yelp, including reviews of those in the medical profession and food delivery, that the company is currently just starting to look into.
SandRidge Permian Trust (NYSE:PER): Jim Cramer ranked this stock a Sell. Cramer previously ranked this stock a Sell on April 17, 2013. The stock’s 52-week high is $19.48, and its 52-week low is $13.23. Cramer said that the company’s 20 percent yield has made him suspicious, and that the numbers cannot be telling the truth. He advised investors to pull back from the company until that statistic makes more sense.
ING US (NYSE:VOYA): Jim Cramer ranked this stock a Sell. The stock’s 52-week high is $36.08, and its 52-week low is $19.20. Cramer did not think that now was the best time to be an owner of Ing, a Dutch-based financial services company. He said that many were skeptical about the IPO, and, while the share price has gone up somewhat, he advocated selling now to take profits before any gains are eroded.
Investing Insights: Will Tesla Motors Break Higher?