Lightning Round: Altria, Time Warner, CenturyTel and More
JPMorgan Chase : Cramer is bullish on JPM, though he knows the stock is under pressure from both financial-regulation reform and US unemployment.
Altria : Cramer told viewers to use today’s weakness in MO to buy the stock. He likes the outsized dividend yield, 6.9%.
Time Warner : “That’s a good stock,” Cramer said. He thinks investors should buy it as it declines in price, starting at maybe $26 and stopping at $23.
Southwestern Energy : Let SWN come down before starting a position, Cramer said. The natural-gas stocks have run since President Obama this week endorsed the commodity.
CenturyTel : Cramer likes CTL and its 8.4% dividend yield. But he likes Windstream and its 9.4% yield even more. And Vodafone in this telco space for its growth.