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Jim Cramer's Stop Trading! Buy Coke

03/01/07 - 02:54 PM EST

TheStreet.com Staff

Investors should keep looking for big-yielding stocks even as market turmoil takes a breather, Jim Cramer said Thursday on CNBC's "Stop Trading!" segment.

Cramer said T. Rowe Price (TROW - Cramer's Take - Stockpickr) and Polo Ralph Lauren (RL - Cramer's Take - Stockpickr) are good buys because they just reported "good quarters," while Alliant Techsystems (ATK - Cramer's Take - Stockpickr) and Heinz (HNZ - Cramer's Take - Stockpickr) are fine investments because each posted an "unbelievable quarter."

Cramer also likes Coke (KO - Cramer's Take - Stockpickr), which has just benefited from three Wall Street upgrades, and IAC/InterActiveCorp (IACI - Cramer's Take - Stockpickr), which is buying back stock.

At the time of publication, Cramer had no positions in stocks mentioned.

Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for Action Alerts PLUS. Watch Cramer on "Mad Money" weeknights on CNBC. Click here to order Cramer's latest book, "Mad Money: Watch TV, Get Rich," click here to order his book, "Real Money: Sane Investing in an Insane World," click here to get his second book, "You Got Screwed!" and click here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by clicking here.

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