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TheStreet.com TV Recap: Dividend Plays Shine When Fed Cuts

Stock quotes in this article: MO , ED , USB , RAI , CG  

"When the Federal Reserve starts cutting, I like to look for stocks with high dividends, simply because people will be flushed out of cash," Jim Cramer said on TheStreet.com TV's Wall Street Confidential Web video Friday.

"Cash makes no sense, there is no upside," Cramer said. "Rates are obviously now headed down, and any stock that has a good dividend is now headed up."

Cramer asked David Peltier, research manager at TheStreet.com, for three dividend-raising names he likes in the current environment. ...

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