Cramer: Buy LinkedIn, Kellogg, and These 2 Stocks, Sell Linn Energy
Jim Cramer made the following calls on July 2nd, 2013. What do you think about his picks?
Linn Energy, LLC (NASDAQ:LINE): Jim Cramer ranked this stock a Sell. Cramer previously ranked this stock a Buy on June 21, 2013. The stock’s 52-week high is $42.57, and its 52-week low is $34.27.
Despite having a massive 9 percent dividend yield, Linn energy is on the chopping block for Cramer. Over at his website they’re saying that the stock has, “weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity.” However, for those too tempted by the dividend, it’s also noted that revenue growth came in over 13 percent last quarter, better than industry average.