This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Cramer's 'Mad Money' Recap: Upside Action in AIG, Commodity-Linked Stocks

When asked about growth, Irwin said there are still lots of great acquisitions to be made in Europe, but he still has lots of room to grow the 30 brands the company currently manages.

Cramer said that Hain Celestial, while pricey, continues to power higher.

In the second "Executive Decision" segment, Cramer also sat down with Herbjorn Hansson, chairman and CEO of Nordic American Tanker (NAT - Get Report), a stock Cramer said he's become worried about as it appears the company is paying a portion of its dividend out of capital instead of earnings.

Hansson said that while times are still bad for the shipping industry, they're good for Nordic American since the company is using the weakness to reposition itself. He said his company has paid a dividend for 59 quarters and will continue to pay shareholders to wait for better times to emerge.

Hansson also outlined a new deal with Exxon-Mobil (XOM), a company Nordic American has done business with for 30 years. Hansson said that Nordic American will carry much of Exxon's oil across the Atlantic, using as much as 20% to 30% of Nordic's fleet. More important than the price Exxon will pay, said Hansson, is the fact that these deliveries will be scheduled, resulting in less downtime for their ships.

When asked about the company's cash flow and its dividend, Hansson said that he remains optimistic and feels good about the prospects for the world economy. He said even if he's wrong and there's not an uptick soon, Nordic American can continue to buy ships on the cheap and better position itself for the future. The company has a strong balance sheet, he noted.

Cramer said that Nordic American remains the best house in what is still a troubled neighborhood, but that the company does pay shareholders to wait for the recovery.
3 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AIG $54.93 0.15%
CMI $114.56 0.10%
HAIN $45.00 0.25%
NAT $15.45 1.80%
PG $81.55 -0.06%


Chart of I:DJI
DOW 17,694.78 +43.52 0.25%
S&P 500 2,055.41 +4.29 0.21%
NASDAQ 4,732.6950 +7.0560 0.15%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs