2 Dividends Jim Cramer Was Right About

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This video is part of our "Motley Fool Conversations" series, in which consumer goods editor/analyst Austin Smith and industrials editor/analyst Brendan Byrnes discuss topics across the investing world.

Jim Cramer, the storied investor and host of Mad Money, makes many daily buy or sell recs on stocks. In today's edition, Austin discusses two bearish dividend stances that he agrees with Jim on.

Despite high yields, both Nokia and Telefonica seem to have their best days behind them. After huge success in the early days of mobile tech, Nokia has been late to the party for many of the last few years, and it seems intent on trying to sling the same warm beer that no one wanted the first time around. Telefonica continues to get hit from its exposure to Spain, and the company doesn't have the same growth potential it previously realized in Latin America.


Jim Cramer was right to sell these dividends, but who wants to do that? Dividends are meant to be bought! That's why we created a special free report outlining some of the best dividends out there. You can the report: "Secure Your Future With 9 Rock-Solid Dividend Stocks." In it, you'll find some of the Fool's favorite picks out there. Click here to learn more.

At the time this article was published Austin Smith and Brendan Byrnes have no positions in the stocks mentioned above. The Motley Fool owns shares of Google and Microsoft.Motley Fool newsletter services recommendGoogle, Microsoft, and Nokia. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.

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