Cramer: Sell Family Dollar, Buy Boeing, Zynga, and These 3 Stocks
Jim Cramer made the following calls on July 11th, 2013. What do you think about his picks?
Family Dollar Stores Inc. (NYSE:FDO): Jim Cramer ranked this stock a Sell. Cramer previously ranked this stock a Sell on January 16, 2013. The stock’s 52-week high is $72.54, and its 52-week low is $54.06.
Cramer was down on the dollar store last night, harping on their earnings as only being better than people were fearing them to be. As such, he didn’t feel they were impressive and told viewers to look at Dollar General (NYSE:DG) which is opening 650 new stores this year, and despite being up 26 percent this year so far, Cramer told viewers it was still worth owning. Family Dollar’s earnings per share were $1.05, $0.2 higher than estimates.