Latest Jim Cramer Comments on These 12 Stocks

9. Kimco Realty Corporation (NYSE:KIM)

Number of Hedge Fund Holders: 31

Kimco Realty Corporation (NYSE:KIM) is one of the stocks that received Jim Cramer’s latest comments. Cramer highlighted the company’s dividend during the episode. He commented:

“Last week, I spotlighted a trio of high-quality companies with dividend yields north of 5% because look, it’s a tricky environment. You can do a lot worse than owning stocks that can consistently generate that kind of income. Even though the market roared today, I still like the idea of dividend protection here, it’s not always going to be as great… [as] today, which brings me to Kimco Realty, this shopping center real estate investment trust with a 5.1% yield. Late last month, Kimco reported a nicely better-than-expected quarter, raised its full-year funds from operations forecast. That’s the REIT equivalent of earnings. However, the stock’s been drifting lower ever since to the point where it’s now down nearly 13% for the year.”

Kimco Realty Corporation (NYSE:KIM) is a real estate investment trust that owns and operates open-air, grocery-anchored shopping centers and mixed-use properties that are focused on retail.