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: Savor Today's Rally

Star Scientific (CIGX): "Sell, sell, sell. The stock you want is Altria (MO)."

CSX (CSX): "I like CSX but it's coal related and it doesn't have the yield I want."

Seagate Technology (STX): "I think that we're in excess supply of disk drives. There are bad numbers coming. If it hits a 3.5% yield, I'm a seller."

Nucor (NUE): "This is another one protected by it's yield, but if it hits 3.5% you're going to have to sell. "

PetroLogistics (PDH): "No. That one is broken and I don't like the ones that are broken. "

Checking in With Pebblebrook

In a second "Executive Decision" segment, Cramer sat down with Jon Bortz, chairman, president and CEO of Pebblebrook Hotel Trust (PEB - Get Report), a hotel REIT with a 2.3% yield.

Bortz described Pebblebrook as a unique company, one that's paying out less than a typical REIT but also one that's growing by 24%. He said the concept is simple -- take advantage of market conditions to buy distressed hotel properties and turn them into great properties.

Pebblebrook currently owns 21 hotels in 14 markets and boasts 90% occupancy in its 1,700 rooms in New York City. He said while there are a few new hotels being built, primarily in New York City, growth in the hotel business has virtually been at a standstill as financing has dried up.

When asked about Pebblebrook's smaller-than-average yield, Bortz explained that because it is a growth company, it needs to return to the capital markets for funding. In fact, the company has raised $1.2 billion over the past 24 months alone. As such, Bortz said it wouldn't make sense to pay out more to shareholders only to borrow that money back at higher costs.

Cramer called Bortz a "master" of the hotel business and called Pebblebrook a great company to own.

Am I Diversified?

In the "Am I Diversified" segment, Cramer spoke with callers and responded to tweets sent via Twitter to @JimCramer to see if investors' portfolios have what it takes for today's markets. The first portfolio included: Healthcare REIT (HCN), Realty Income (O), Plum Creek Timber (PCL), Kinder Morgan Energy Partners (KMP) and SPDR Gold Shares (GLD).

Cramer said that while this portfolio has several REITs and master limited partnerships, they're all in different sectors and are diversified.
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
AEP $55.94 0.59%
PEB $32.44 1.66%
ULTA $170.98 0.51%
AAPL $117.81 -0.19%
FB $105.45 0.04%


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs