In a special Salute to the Troops episode of Mad Money, Jim Cramer introduces his father, Ken Cramer, a World War II veteran, and gives investors five reasons they should protect their portfolios with shares of Abbott Labs.
In a a special Veteran's Day edition of Mad Money, host Jim Cramer answers audience question on investment strategies, but first, he weighs in on Friday's markets saying the U.S. is still hostage to Europe but at least now new leadership in Italy and Greece, is a reason for hope.
Now that Kraft Foods is splitting up into two separate companies; Snacks Co. and Grocery Co., the stock is finally worth owning, says Mad Money's Jim Cramer. The break-up will bring out a lot of value for shareholders.
Mad Money's Cramer says Western Gas is one of the safest pipeline players around because 98% of it's business is fee-based with fixed prices, and it offers a 4.8% yield. Discussing the company's future prospects for growth, with Donald Sinclair, Western Gas president/CEO.
Mad Money's Cramer says investing in companies in the same industry doesn't necessarily mean you'll get similar results. For example, in the engineering & construction sector, Fluor is in terrific shape, and is a buy; while Foster Wheeler is doing awful, and investors should stay away from it.
Investors looking for stocks that can protect in a chaotic market should put Windstream, Solar Capital, Energy Transfer partners, American Electric Power, and Sanofi-Aventis in their portfolio, for a combined yield of 7.5%.
Mad Money's Jim Cramer says it's worth owning stocks of companies that work regardless of how the economy's doing, and talks with Kieran Gallahue, CareFusion Corp. chairman/CEO, about the company's recession proof profile.