Mad Money / Jim Cramer Daily Recap 11/30/09
Monday, November 30th, 2009On Monday Cramer explained that when hedge funds short a stock, they become responsible for paying that stock’s dividend while borrowing the shares. This makes stocks with high yields off limits for many bears. Given the favorable tax rate given to dividends, and their compounding ability over time, Cramer said dividend stocks offer investors real protection against losses. Cramer recommended dividend-paying stocks Intel (INTC), Kimberly-Clark (KMB), Clorox (CLX), McDonald’s (MCD), Sanofi-Aventis (SNY) and Eaton (ETN).
Bullish
Amazon.com (AMZN) (discussed on Mad Money)
Clorox (CLX) (discussed on Mad Money)
Eaton (ETN) (CEO interview on Mad Money)
Gold Fields (GFI) (Lightning Round)
Intel (INTC) (discussed on Mad Money)
Jarden (JAH) (discussed on Mad Money)
Kimberly-Clark (KMB) (discussed on Mad Money)
McDonald’s (MCD) (discussed on Mad Money)
Newell Rubbermaid (NWL) (discussed on Mad Money)
Sanofi-Aventis (SNY) (discussed on Mad Money)
State Street (STT) (mentioned on Stop Trading!)
Steel Dynamics (STLD) (mentioned on Stop Trading!)
TJX Companies (TJX) (featured on Mad Money)
UnitedHealth Group (UNH) (Lightning Round)
Wendy’s/Arby’s Group (WEN) (Lightning Round)
Whirlpool (WHR) (discussed on Mad Money)
Wynn Resorts (WYNN) (mentioned on Stop Trading!)
Please do your own research, and verify all information before acting on it. This summary of Cramer’s picks is not intended to replace watching the shows, where his comments about the stocks often include advice about entry and exit points.