While there’s still fear out there in the land of credit, how about a nice, conservative, dividend-paying tech stock that even a value investor could love? The season is right for tech; and it is right for United Online , Cramer said.
United Online is an internet company that is a rare survivor of the halcyon days of dot-com euphoria. The company is engaged in two businesses: one is a legacy low-cost dial-up internet service provider – Netzero and Juno – remember those? UNTD also has a content business that it’s about to take public in order to bring out value. This business is made up of Classmates.com, a take on social networking for an older demographic, and MyPoints.com, an online rewards site. Classmates.com, which is the name of the soon-to-be-public subsidiary, has been growing sales through paid subscriptions, which is more than enough to offset the steady declines in the ISP business, Cramer said.