Kimco, like most REITs, is constantly working to upgrade its portfolio of properties. He said the company is always looking to sell properties in secondary markets or those with low-quality tenants and purchase better properties with higher-paying tenants.
When asked about the grocery sector, a segment that's been under pressure by
and others, Henry said Kimco is concerned about the group, which operates under razor thin margins. He said that Kimco always takes a hard look at its grocery store anchors.
Cramer remained bullish on Kimco, saying it offers both growth and dividends.
Are You Diversified?
In the "Am I Diversified" segment, Cramer spoke with callers and responded to tweets sent via Twitter to
to see if investors' portfolios have what it takes for today's markets.
The first portfolio included:
Cramer said this portfolio was "perfection."
The second portfolio's top holdings included:
Enterprise Product Partners
American International Group
Cramer said this portfolio was also properly diversified.
The third portfolio had:
SPDT Gold Shares
as its top five stocks.
Cramer was also bullish on this portfolio, saying that it, too, was perfectly diversified.
In his closing comments, Cramer said both
posted blowout earnings that will have a positive effect on the markets Friday.
To watch replays of Cramer's video segments, visit the Mad Money page on CNBC
-- Written by Scott Rutt in Washington, D.C.
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