Some stocks have fallen enough in price recently that their dividend yields make them buys, Jim Cramer said on
"Stop Trading!" segment Thursday.
, he said. "Some stocks have actually gotten cheap here," Cramer said.
Cramer lamented the market's refusal to rally on the killing of top terrorist Abu Musab al-Zarqa. "I thought we might have a feel-good rally like we used to have," Cramer said. "The sellers are still very much in charge, although I think they finished their nefarious work at about 2:45 p.m.
Procter & Gamble
, which helped turn the Dow around with a 3% gain Thursday, was up despite an earnings affirmation that looked more like a warning to Cramer. The run-up illustrates the market's fixation with consumer staples as it worries that
Chairman Ben Bernanke is trying to start a recession, he said.
"I don't think P&G's that good a number; I don't think Bernanke's ordering a recession," Cramer said. "But that shows how negative we've gotten on the cyclicals."
At the time of publication, Cramer had no positions in the stocks mentioned.
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