HNZ), which has a 4% yield. "The only thing that's wrong here is that you've got a stronger dollar," he said. "I really like it. It's just too good a brand name." He said it was a buy "right here."
Coca-Cola ( KO), also with a yield of about 4%, was next. "I'm not complacent and don't like the market, but if you want to look back and say, 'How did I get a certain stock at a certain price?'" you buy Coke, Cramer said, between $43 and $40. "This company can reinvent itself. It's got a lot of cash flow. It doesn't have to be just a soda company."
As for Waste Management ( WMI), which has a yield of 3.75%, Cramer said: "There a companies that you put your first bid on here, and then you let the hedge funds go wild and knock the stock market down, and then you buy them. This is literally the only strategy that is working in this market." Caterpillar ( CAT) just hit a 4% yield. "It's a little industry, obviously, so it could start having cyclical problems," Cramer said, but "you start buying here."