So why own LinnCo rather than just owning Line Energy? Cramer said that MLPs like Linn Energy are taxed differently than other dividend-paying stocks, which makes them a nightmare for IRAs, 401(k)s and other tax-deferred accounts. He said that often, any extra gains from owning MLPs are squandered by extra taxes and the accountants needed to pay them.
Enter LinnCo, an entity that owns shares of the MLP for you, pays the extra taxes, then distributes the rest of the income to you, its shareholders, as a regular dividend payment. He said that LinnCo pays a bountiful 7.2% yield and eliminates all of the headaches of owning an MLP. What's not to love?
In the "Executive Decision" segment, Cramer spoke with Patrick Doyle, president and CEO of Domino's Pizza (DPZ), the pizza giant that saw its shares pop 7.6% after the company reported an earnings beat of 2 cents a share on strong same-store sales.
Doyle touted his company's new deep-dish pizza as a big driver of future growth. Deep-dish pizza represents a $6 billion category, and that's not even including frozen pizza's, which is why Domino's deep dish, which has fresh-made dough, is so exciting, he said.Other drivers for Domino's include the company's online and mobile efforts. Doyle said that a full 40% of all delivery orders are now placed digitally, saving the company time and minimizing order errors. He said digital is constantly growing and will remain a big part of the company's growth story. Turning to U.S. sales, Doyle said things are less negative than a year ago and he continues to see positive trends. He also noted Domino's is beginning a store remodeling initiative to serve the one-third of customers who choose to pick-up their pizzas rather than have them delivered. "We need to give those customers a better experience," said Doyle. In closing, Doyle said that Domino's continues to be committed to rewarding shareholders. He said his company has maintained a 30% total return over the past few years, including special dividends, and he expects that to continue. Cramer continued his support for Domino's.
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