NEW YORK (TheStreet) -- On his Monday Stop Trading! segment on CNBC, Jim Cramer recommended real estate diversification and buying property in Mexico -- in San Miguel for example.
Cramer suggested buying "out of favor real estate in Mexico ... it's a great buy ... no property taxes ... is easy to maintain."
"Mexico is a big country. Not every province and state is involved in the drug trade," Cramer pointed out.
Cramer owns three houses in Mexico and thinks that San Miguel is a "nice place" that can make a "comeback."
During Monday's Stop Trading! segment, Cramer also noted that
CEO Steve Jobs has found himself in a huge spat with other smart phone makers after telling investors at a press conference Friday that Apple isn't alone in its iPhone 4 antenna problems.
More on iPhone 4 5 Reasons Apple Won't Recall
Smartphone makers such as
Research In Motion
are reportedly outraged by his comments.
Cramer said he thinks Jobs made these remarks because he was simply tired of negative media reports about Apple. He thinks there's been "an overreaction to overreaction" and continues to believe that Apple is a buy, especially given that the company's made a "tremendous amount of money for shareholders."
Cramer's Stop Trading!: Apple, GE, Verizon
Click here for Cramer's Friday Stop Trading! segment
-- Reported by Andrea Tse in New York
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