This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

4 Buys And A Sell From Cramer For Widely Held Stocks

Stocks in this article: BAC CSCO KO T VZ

By Chris Lau, Kapitall Contributor   For the week ending February 22, Jim Cramer was net bullish on stocks. Of the 40 companies mentioned, 31 (77.5%) were favorable, while just 9 were bearish calls. The average daily trading volume for the companies covered was 8.1M shares. Notable were companies that had a market capitalization of over $100 billion. Widely-held companies were companies to buy, while Coca-Cola (KO), a company held by Warren Buffett’s Berkshire Hathaway was viewed negatively:

Cramer’s picks often get higher than average trading after they are mentioned, if trading volume is low. For the companies listed above, volume is high enough to make any abnormal moves unlikely.

Screen shot 2013-02-25 at 11.45.37 AM

Business Section: Investing Ideas

The list average 1-year return is 19%. 

Bank of America Corporation (BAC). Buy. Bank of America is trying to settle over $100 billion in losses with a settlement. The settlement could be around $8.5 billion, and would reduce the uncertainty around the bank’s balance sheet. Even the loss amount is a speculative amount.

The financial firm increased it’s the base salary of Moynihan, Bank of America’s CEO, by 60%. His salary will now be $1.5M in 2013. Last year, he earned $950,000. Including the bonuses earned in 2012, his total earnings was $12M.

Cisco Systems, Inc. (CSCO). Buy. Cisco reported second quarter earnings. Its joint venture with EMC ( EMC) has a run rate of over $1 billion, but since 2009, generated losses for the two firms. The company expects Q3 revenue to be $0.48-$0.50 per share, matching consensus. Gross margin will decline from 62.3% in Q2 to 61%-62%. In Q2, book-to-bill was below 1.

AT&T, Inc. (T). Buy. HTC announced the new HTC One recently, which has a 4.7-inch 1080p display. The device will be coming to AT&T.

Bloomberg reported that the firm may issue 3-year notes that would take advantage of low interest rates. The issuance would yield 1.08%. AT&T has $70B in debt outstanding.

The Coca-Cola Company (KO). Sell. Coca-Cola shares remain range-bound since September 2012. Shares trade close to the upper-range, at around $38.50. In its quarterly earnings call, the company anticipates volumes to grow by 3%. Double-digit growth is forecast for its business in China and in other Asian markets. The company plays to buyback shares in 2013 in the range of between $3B and $3.5B.


1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs