Jim Cramer: Sell Twitter, Buy Humana, and 3 More Stock Picks

Jim Cramer made the following calls on November 7th, 2013. What do you think about his picks?

Twitter (NYSE:TWTR): Jim Cramer ranked this stock a Sell. The stock’s 52-week high is $0.00, and its 52-week low is $0.00. Cramer said that he could not recommend Twitter at its current price. He noted that, when he was trained to look at a stock, he analyzed fundamentals, not speculative potential and hype. He gave a price point of $28 at which Twitter would be a buy for him, and he advocates not paying steep prices to get on board with the company so soon after the IPO. Cramer also pointed to dangerous trends in social media stocks in the year after their IPO as a warning sign to potential investors in the company.

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Humana Inc. (NYSE:HUM): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on August 28, 2013. The stock’s 52-week high is $99.85, and its 52-week low is $63.93. Cramer was optimistic about Humana, saying that the company reported a great quarter and was poised to do well for current owners of the stock. He also mentioned the possibility of acquiring the stock if favorable conditions presented themselves.

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OncoMed Pharmaceuticals (NASDAQ:OMED): Jim Cramer ranked this stock a Sell. The stock’s 52-week high is $31.00, and its 52-week low is $12.78. Cramer did not recommend OncoMed Pharmaceuticals, claiming that the stock did not really mesh with his strategies for the rest of the year. He said that the speculative biotech sector in general seems to be overvalued — having noted in the past that many risks were not properly accounted for in prices — making other areas better investment places in the current market climate.

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Schlumberger Limited (NYSE:SLB): 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 $94.91, and its 52-week low is $66.85. Cramer discussed Schlumberger in the context of preferring the company to Transocean (NYSE:RIG). While Transocean reported good performance, Cramer said that gains in the stock were likely to be only temporary, so he is sticking with Schlumberger instead.

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Sierra Wireless Inc. (NASDAQ:SWIR): Jim Cramer ranked this stock a Sell. The stock’s 52-week high is $20.40, and its 52-week low is $7.42. Yesterday, Sierra Wireless delivered EPS of $0.11, beating out expectations by 4 cents. However, this was not enough to convince Cramer of the stock’s merits. Cramer said that he was not a fan of the wireless components sector in general, and that he would give Sierra Wireless a pass.

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