Jim Cramer Advises His Viewers On Yahoo! Inc., Chipotle Mexican Grill, Inc. And Bank of America Corp

Loading...
Loading...
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.
Market News and Data brought to you by Benzinga APIs
Posted In: CNBCMediaJim CramerMad Money
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...