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.

When this story published, Cramer’s charitable trust owned Altria and JPMorgan Chase.

Call Cramer: 1-800-743-CNBC

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