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Why Jim Cramer Thinks RH Is a 'Winner'

Warren Buffett's Berkshire Hathaway launched new positions in RH , the company formerly known as Restoration Hardware, and Occidental Petroleum , according to a filing with the Securities and Exchange Commission. Berkshire's 13-F filing, which reported the company's shareholdings as of the end of September, revealed a stake of 1.2 million shares in RH. When asked about RH, Jim Cramer responded, "it's a winner." "Buffett owns one of the largest furniture marts in the world and I think the furniture mart people have said, you know what? This is really great stuff at RH. So RH is a winner. I like it very much," said Cramer. Watch the full video above.

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