Cramer's 'Stop Trading': Covidien Dividend - TheStreet

NEW YORK (

TheStreet

) -- It's time to start paying attention to the companies that are doing well

and

offering dividends, Jim Cramer said during Friday's

Stop Trading!

segment on CNBC.

As Cramer said: while everyone's attention is on oil futures and gold futures, there are companies that are worth buying.

Cramer calls out

Covidien

(COV)

, which posted strong numbers in first quarter and declared a quarterly dividend.

Clorox

(CLX) - Get Report

, likewise, reported a 26% gain in its second quarter and upped its outlook on Thursday, but still traded lower, along with the overall market.

Meanwhile,

McDonald's

(MCD) - Get Report

was added to Goldman Sachs' conviction buy list and is also being ignored by the market.

"No one cares about it right now, but they will when futures aren't in control," Cramer said.

Indeed, while there is so much fear about the dollar going up, Cramer says it's only off about 2 cents from two weeks ago.

"

The dollar doesn't really matter to 95% of the companies we are selling right now," he said. "When oil goes down it is better for 90% of the companies I deal with."

-- Reported by Jeanine Poggi in New York.

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