This Day On The Street
Continue to site
ADVERTISEMENT
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: Get Your Portfolio Into the Bunker

Now, I know it took down a ton of debt. But the cash flow is there, and the interest rate is so low that I don't doubt for one minute that Verizon will change its policy of boosting its dividend. If I can get this one at a 5% yield, which is not far from the current level, I think it'll be a steal.

Finally, I want some exposure to healthcare real estate investment trusts, especially ones for which people believe there is a ton of exposure to Medicare, but where there really isn't. I want Ventas ( VTR), which is run by the redoubtable Debra Cafaro. With a tremendous wind at its back, the aging of baby boomers and a remarkable performance record and dividend history, I think that this 4.3%-yielder can be had right at these levels, as it is already down 3%.

Of course, leave some room, as with all of these, because the market will break down for certain as we get closer to the deadline or go over it. But dividends will give these stocks a real floor.

Dominion, ConEd, Southern, Pfizer, Campbell's Soup, Altria, Verizon and Ventas: companies that have both terrific records on boosting payouts and terrific recession-proof growth. It's just what you might need as we approach -- and, yes, go over -- the deadline and the government scrambles to raise cash in an attempt to avoid defaulting on bonds, but will most likely have to cut out so much spending that the economy slips rather rapidly into a recession.

At the time of publication, Action Alerts PLUS, which Cramer co-manages as a charitable trust, had no positions in the securities mentioned.

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

Markets

Chart of I:DJI
DOW 15,914.74 -99.64 -0.62%
S&P 500 1,851.86 -0.35 -0.02%
NASDAQ 4,283.5920 +14.8290 0.35%

Our Tweets

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs