If investors want to return value to shareholders, Cramer said, they should increase their dividends.
Stocks finished higher Friday in a highly volatile week, with the Dow logging its first two-day rally since early July. Despite the wild market swings in the last several days, all three major averages are down less than 2 percent for the week.
Cramer makes the call on viewers' favorite stocks.
Stocks ended sharply lower Wednesday, following a Fed report that said pace of economic growth moderated in many districts and amid growing uncertainty over the ongoing debt talks in Washington.
Stocks slumped for a third session Wednesday following an unexpected drop in durable goods orders and as worries escalated over a possible U.S. debt default.
Futures moved lower Wednesday following an unexpected drop in durable goods orders and as ongoing worries over a possible U.S. debt default weighed on sentiment.
But if the "rocket can’t go high enough into the stratosphere," the S&P 500 can fall back to 1250, warned Paul Schatz, president of Heritage Capital.
Get ready for a "cruel, cruel summer where we’re going to see low equity returns, high volatility and low trading volume," Craig Johnson, technical analyst at Piper Jaffrey, warned CNBC Tuesday.
See what's happening, who's talking and what will be making headlines on Thursday's Squawk on the Street.
Here is a look at the best-performing stocks in the top-performing sectors year-to-date.
Stocks traded lower ahead of the close as the dollar rose, and financial stocks fell amid fears of a worsening European debt crisis.