Jim Cramer: Buy Starbucks and Splunk, and 3 Other Stock Picks

Jim Cramer made the following calls on September 13th, 2013. What do you think about his picks?

Starbucks Corp. (NASDAQ:SBUX): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on September 3, 2013. The stock’s 52-week high is $75.91, and its 52-week low is $44.27. Starbucks’s CEO, Howard Schultz, outlined a vision for his company and reported on its progress in an interview with Maria Bartiromo. Schultz cited the company’s Facebook and Twitter popularity as a driving factor behind its recent success, and claimed that global opportunities for growth, particularly on the Pacific Rim, were profound. He also claimed that Starbucks has no intention to undermine their health care program for employees despite the introduction of Obamacare.

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Splunk Inc. (NASDAQ:SPLK): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Sell on April 23, 2012. The stock’s 52-week high is $62.21, and its 52-week low is $26.10. Cramer called Splunk one of the best stocks, and companies, that no one has ever heard of. The company itself produces software that analyzes what was thought to be useless data such as server records in order to find patterns and identify problems such as security threats. The company is in the midst of an aggressive expansion, and the stock has more than tripled in value such it came on to the markets in April of 2012.

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Teva Pharmaceutical Industries Limited (NYSE:TEVA): Jim Cramer ranked this stock a Sell. Cramer previously ranked this stock a Sell on May 9, 2013. The stock’s 52-week high is $42.83, and its 52-week low is $36.63. Teva recently announced a partnership with Cancer Research Technology to delve deeper into the process of DNA repair and its role in cancer. Still, Cramer does not like the stock, claiming that he has never been on board with the company.

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Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA): Jim Cramer ranked this stock a Sell. Cramer previously ranked this stock a Sell on March 14, 2013. The stock’s 52-week high is $118.27, and its 52-week low is $72.51. Cramer discussed Ulta as evidence for the volatility of markets in times of political and economic uncertainty. Despite a whopping 17 percent gain in one day, he does not view Ulta as a stock to buy at this moment.

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United Technologies Corp. (NYSE:UTX): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on September 3, 2013. The stock’s 52-week high is $109.13, and its 52-week low is $74.44. Cramer expressed positive feelings on the stock, as he thinks that the results of the Citigroup Global Industrial Conference will help the company out.

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