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Jim Cramer said on
CNBC's Mad Money that he wouldn't be a seller of
Yahoo! Inc.YHOO, because its core business is valued at zero. If he had to choose between
Yahoo! Inc. and a dividend paying stock, he would pick a dividend paying stock in the current market environment.
Cramer thinks that it is going to be risky to buy
Chipotle Mexican Grill, Inc.CMG until September or October. He would not rush to buy the stock.
Bank of America CorpBAC is a large position in Cramer's charity fund. He thinks that it is very inexpensive and it has a large deposit base, so if the Fed decides to raise interest rates it is going to win. The stock is Cramer's hedge against rising interest rates.
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