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Recap of Jim Cramer's comments on Stop Trading! Monday October 27.
Donald Called It - Verizon (VZ), Pfizer (PFE)
While others were sanguine a year ago, Donald Trump saw a depression coming, and Cramer praises the tycoon for his candor, but noted even in spite of his pessimism, Trump says stocks may be worth buying in a few months. Cramer likes dividend stocks in the current environment and observed, “When dividend yields are up to 6.5% to 7% and there are investors who want to be in the U.S. dollar,” then stocks like Verizon and Pfizer are “bonds with an upside.”
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