Jim Cramer Stock Watch: Buy Seattle Genetics, Sell These 4 Stocks Now

Jim Cramer made the following calls on June 5th, 2012. What do you think about his picks?

Caterpillar Inc. (NYSE:CAT): Jim Cramer ranked this stock a Sell. The stock closed at $83.65, its 52-week high is $116.95, and its 52-week low is $67.54.

A Closer Look: Are Caterpillar’s Major Shareholders Worried About Disgruntled Union Workers?

Cree Inc. (NASDAQ:CREE): Jim Cramer ranked this stock a Sell. The stock closed at $23.61, its 52-week high is $33.45, and its 52-week low is $20.25.

Carter’s, Inc. (NYSE:CRI): Jim Cramer ranked this stock a Sell. The stock closed at $52.24, its 52-week high is $57.27, and its 52-week low is $27.44.

NXP Semiconductors NV (NASDAQ:NXPI): Jim Cramer ranked this stock a Sell. The stock closed at $19.39, its 52-week high is $27.66, and its 52-week low is $13.06.

Seattle Genetics Inc. (NASDAQ:SGEN): Jim Cramer ranked this stock a Buy. The stock closed at $20.87, its 52-week high is $22.40, and its 52-week low is $12.29.

Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.