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Jim Cramer has given a bullish call to Herbalife Ltd. (NYSE: HLF) as he feels that HLF is least expensive than its competitors and has also gained 148% over the last five years. Yesterday, HLF closed at $40.90. Herbalife Ltd. also made a new high yesterday at $41.11.
He also likes Bristol Myers Squibb Co. (NYSE: BMY) for its 5.6% dividend yield and feels that BMY has a strong drug pipeline. Yesterday, BMY closed at $23.34.
He also said that Pfizer Inc. (NYSE: PFE) gives investors a strong entry point since the stock is trading low after they reported their earnings. Jim also thinks Pfizer Inc. has a huge potential to increase in size and a strong drug pipeline.
Cramer also advises investors to buy Celgene Corporation (NASDAQ: CELG) but only at the right time for its profitable treatment franchises and full pipeline. Yesterday CELG closed at $53.65.