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NEW YORK ( TheStreet) -- A quarter that is not as miserable as people expected is not enough to lift a stock in today's market, Jim Cramer told "Mad Money" viewers Tuesday. Cramer said the markets want growth, margins and dividends, something investors will find in the least likely of stocks.
Cramer said that many investors expected
(AAPL), a stock he owns for his charitable trust,
But Cramer said that while Apple was able to give investors a dividend boost and accelerated stock buyback program, the company failed to deliver on the next big product that will drive its growth and margins for the next few years. That's disappointing news, said Cramer, news that will likely keep Apple from beginning a significant move to the upside from current levels.That doesn't mean there aren't stocks that have both earnings and dividends, Cramer added. Investors just need to look in unlikely places such as McDonald's (MCD), Caterpillar (CAT) or Pepsico (PEP). Cramer noted that all of these companies are just as innovative as Apple in their own ways, and those new products are boosting earnings and dividends -- which is why investors have been clamoring for them. So while Apple may have been better than expected, investors looking for the whole package should turn to the safety of stocks including Kimberly-Clark (KMB - Get Report), not Apple, Cramer concluded.