Stock Picks, Part 3
For his final installment of his Dow 30 assessment, Cramer made the following observations:
Nike (NKE): Cramer said this Action Alerts PLUS name is really a stealth technology company worth $90 a share.
Pfizer (PFE): This stock will be hard pressed to eek over $34 a share, said Cramer.Procter & Gamble (PG): It would be wrong to sell P&G at these levels with big changes afoot at the company. Cramer sees $95 a share in 2014. Travelers (TRV): Lots of upside ahead for insurers because interest rates are on the rise. UnitedHealth Group (UNH): This stock is a win-win no matter what happens with "Obamacare." United Technologies (UTX): With the sequester behind it, only the strength in the company's aerospace and HVAC businesses lie ahead. Cramer sees $135 a share. Verizon (VZ): Competition may be picking up but $54 a share is still feasible for Verizon. Visa (V): What's not to like at Visa? Cramer said it's one of his faves for 2014 with a $280 a share price target. Wal-Mart (WMT): This stock is problematic, said Cramer, with competition and a new CEO creating a lot of questions for investors. 3M (MMM): Growth and innovation will propel 3M to $160 a share, said Cramer.