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Getting Gold on the Cheap?

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Published: Friday, 17 Dec 2010 | 6:15 PM ET
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Grabbing On to Gold
This week, some were disappointed with Agnico-Eagle Mine's production plans, but Cramer wasn't one of them. He asks the company's CEO, Sean Boyd, why analysts were so unhappy.

You must own some gold.

That's been Cramer's mantra all year, and on Friday he noted a rare opportunity to get exposure to the precious metal at a discount. Agnico-Eagle Mines' announcement this week of a new production plan disappointed some on Wall Street, and shares traded lower. The stock is up 36 percent since Cramer first recommended the stock on Feb. 24 at $55.62, but is also down more than 11 points from its high of $87.13 two weeks ago.

Cramer isn't concerned with Agnico-Eagle's production forecast, though. The Toronto, Ontario-based company recently raised its dividend by 256 percent, giving the stock a yield of 0.9 percent once the payout kicks in on March 15 of next year.

To learn more about what's in store for this gold producer, Cramer invited CEO Sean Boyd back on "Mad Money." Watch the video to see the full interview.

Call Cramer: 1-800-743-CNBC

Questions for Cramer? madmoney@cnbc.com

Questions, comments, suggestions for the Mad Money website? madcap@cnbc.com

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Cramer suggested buying shares of this top miner now that its share price has pulled back.
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AEM ---

   
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