Lightning Round: Telefonica, Bank of Ireland, Allied Capital and More
Bank of Ireland : A 58% yield? Cramer doesn’t trust it. Stay away from IRE. The same goes for Royal Bank of Scotland RBS.
Cubist Pharma : Cramer said this is the type of company that does well in a recession. So he’s bullish on Cubist Pharma.
MDU Resources :Duke Energy and its 5.6% dividend yield is a better play, Cramer said.
Allied Capital : “I do not like Allied.” This stock yields 37%, another dividend Cramer can’t trust. Though management is invited to appear on Mad Money to prove they can meet that payout.
Telefonica : “I want you to buy that stock.” Cramer likes this dividend-paying telco company.
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