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- Cramer Goes Trolling For High Yields (ED, PBT)
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On tonight’s MAD MONEY on CNBC, Jim Cramer was talking about the decline and fall of the value of cash compared to being invested, and in particular how to avoid the value of the declining dollar. His answer here is chasing high yield stocks because you yield less and less in cash right now. He thinks this is even more the case with only 15% income tax on dividends. His first stock noted was Consolidated Edison Inc. (NYSE: ED) with its 5.7% yield and steady and solid business in power supply. This jumped almost 1% after he noted it in…
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Original Source
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5 March, 2008| Economy |
@ 23:32
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