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Mad Money Spotlight: Macerich, Federal Realty

Stock quotes in this article: MAC , FTR  

It's far from shocking that Jim Cramer would be advising investors to steer clear of REITs. Retail sales are taking a beating and chains are being shuttered, leaving an abundance of empty store-fronts in malls and strip centers.

For this reason, Cramer raised a red flag on Macerich(MAC Quote) during the Lightning Round on his "Mad Money" segment on Tuesday.

"I think the dividend is pretty small," he said. "I'm suspicious of the whole group." ...

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