Jim Cramer Deems This 5% Yield Stock 'Too Risky For Me': He Prefers These 2 Alternatives
On CNBC’s "Mad Money Lightning Round," Jim Cramer said Dominion Energy, Inc. $Dominion Resources(D.US$ with a 5% yield is a "little too risky for me… I prefer American Electric Power Company Inc $American Electric Power(AEP.US$ or I prefer Duke Energy Corp $Duke Energy(DUK.US$ ."
Cramer said he likes UiPath Inc.
PATH $UiPath(PATH.US$ . The stock is "making a pivot to being profitable from being unprofitable. Once they make that pivot, you know I’m on board," he added.
The "Mad Money" host said he likes the 3.7% yield of Rayonier Inc. $Rayonier Inc(RYN.US$ . "I think they’re onto something, the stock is down way too big, it’s quality," he added.
When asked about RadNet, Inc. $RadNet(RDNT.US$ , he said, "Everything you just told me about it tells me that I got to look at it. I remember it as a money-losing company, and I’ve not paid enough attention to it. But that’s going to change starting on Tuesday."
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Cramer ETFOP 71161870: This is really too important for me.