Jim Cramer: Sell Sony, But Buy MGM and These 3 Stocks
Jim Cramer made the following calls on October 25th, 2013. What do you think about his picks?
Sony Corporation (NYSE:SNE): Jim Cramer ranked this stock a Sell. Cramer previously ranked this stock a Sell on December 17, 2012. The stock’s 52-week high is $23.38, and its 52-week low is $9.57. Cramer said that he was not a fan of Sony, noting that an analyst upgrade does not always mean that a stock should be purchased. Cramer has expressed that there are other companies that are good ways to bet on the success of the holiday shopping season, and even the success of the PlayStation 4, without buying into Sony.