Jim Cramer says he likes Southwest , Snap-On () and three other names for immediate investment.
Cramer told members of his Action Alerts PLUS investment club Wednesday during a members-only conference call that stocks he favors for the next three months include:
Google - He noted that the stock "could go down instantly when it reports," but that would create a buying opportunity.
Comcast
Danaher
Snap-on.
Southwest, which he thinks could be a good buy if it goes down to $55 (from $55.75 at Thursday's close).
Of the five stocks, Alphabet has the largest concentration in the Action Alerts PLUS charitable portfolio at about 4.86%, while Southwest has the smallest percentage at 2.03%.
Source: Bloomberg
Junior Trader Stefan Panteleev
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