"It is not a trade off the pop caused by the IPO," he said. "It's a stock I like long term. Be patient and build a position."
Sell Block
In his "Sell Block" segment, Cramer said that while dividends are supposed to make people feel safe about a stock, he believes that two companies' dividends are lies and are giving people false impressions of good health. When a dividend gets too high, it is a sign the stock is going lower, Cramer said. According to Cramer, BP Prudhoe Bay Royalty (BPT Quote) and Frontline (FRO Quote) have dividends that are too good to be true. That's why they're up on the Sell Block.Am I Diversified?
In his "Am I Diversified?" segment, Cramer's first caller said he owned the following five stocks for his portfolio: AT&T (T Quote), Reliant Energy (RRI Quote), Deutsche Telkom (DT Quote), International Game Technology (IGT Quote) and Altria (MO Quote), which Cramer owns for his charitable trust, Action Alerts PLUS.- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,226.94 | 1,093.07 | 2,154.06 | 34.86 |
Oil *
77.65
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|
UP
203.52
|
UP
23.77
|
UP
41.62
|
DOWN
0.17
|
10 Yr
3.49%
SPDR Gold
108.19
|
|
+2.03%
|
+2.22%
|
+1.97%
|
-0.49%
|
Data delayed 20 minutes |














