Investors should start buying stocks that will bounce when the economy recovers, Cramer said on Thursday. If they wait too long, they’ll miss the move.
The gamble, of course, is always a matter of how long that recovery will take. A recession that lasts longer than expected could hurt the rest of your portfolio. So even when speculating about a turn in the economy, investors still want to play a bit of defense, such as with a dividend.
That’s why Cramer likes PPG Industries . This chemicals and specialty-chemicals maker is a classic cyclical play, but PPG also offers a 4.6% dividend yield. Between that backstop and the company’s potential to significantly grow earnings when the downturn’s done, investors might be getting the best of both worlds here.
Of course, Cramer always likes to do as much research as possible before recommending a stock. So he invited PPG Chairman and CEO Charles Bunch onto the show to learn more about the company. Watch the video for the full report.
Cramer’s charitable trust owns PPG.
Call Cramer: 1-800-743-CNBC
Questions for Cramer? firstname.lastname@example.org
Questions, comments, suggestions for the Mad Money website? email@example.com