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: Equities Are the Saner Market

In this environment, what are people doing?

I think that most institutions here that are required to have little risk with their cash are simply doing what everyone else is doing, which is accepting the total lack of yield as a given. They know that only through creating some real growth can they generate returns and they aren't going to get returns on their money without taking on some real risk.

I think that most institutions there regard their fixed-income instruments as very risky and are keeping the pressure on the yields of our risk-free assets by continuing to buy our bonds.

Yesterday someone asked me if there was anything really compelling in the equity market. I said I can understand why people would feel the answer is no. But when you consider the stories of the two bond markets, you have to admit that a U.S. company with real growth or with a real yield is a total bargain vs. all of this fixed-income nonsense and when you have one with both, then you have the holy grail of the moment. In fact, it's amazing that there are any at all and yet there are still hundreds of good growth stocks with good yields to be found.

That's why it is so darned hard for this market to go down and stay down. It remains, when you look at the fixed income world, a saner more investable place. Not safer, because these are riskier assets, but certainly saner when you think about it.

Editor's Note: This article was originally published at 6:04 a.m. EDT on Real Money on Sept. 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


Chart of I:DJI
DOW 17,750.91 -140.25 -0.78%
S&P 500 2,063.37 -18.06 -0.87%
NASDAQ 4,763.2240 -54.37 -1.13%

Our Tweets

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs