The new initiative comes about a week after tobacco stocks got slammed by the FDA's decision to reduce nicotine levels in tobacco products.
This FDA regulatory change hasn't created a buying opportunity like past changes have.
The FDA wants to protect children and limit tobacco-related diseases by changing the way cigarettes are made.
Consumer goods companies like Ford, Pitney Bowes and B&G Foods offer investors high dividend yields.
Jim Cramer is bullish on Home Depot, Corbus Pharmaceuticals, Federal Realty and Vector Group.