>> it's not our intention to have phillip morris by itself keep pace just with the equity markets. remember, this is a lower risk investment. has some fixed income-like qualities to it. it should be more stable through the period. if it delivers a competitive return to the mark, not necessarily outpacing it in an upward surge, that will be acceptable to us. while we're taking less risk in equity, we want to take more risk in fixed income, squeezing into the middle of the risk spectrum for investors gloment same strategy you had when you were with us july 13. you were looking at big consumer goods, colgate palmolive, up 3.4%, add a dividend on top of that. and high-yield corporate bond exchange traded fund to illustrate your affinity for junk debt, hyg, the ticker, up 4% plus the dividend pup still like these? >> we still like them. we still have holdings in both of them-- generally in both of them. we don't have direct exposure to the indix. we tend to do that in our own priority funds. the idea is still there. last year, we got a bigger bang for our buck from that fixed income ris

>> it's not our intention to have phillip morris by itself keep pace just with the equity markets. remember, this is a lower risk investment. has some fixed income-like qualities to it. it should be more stable through the period. if it delivers a competitive return to the mark, not necessarily outpacing it in an upward surge, that will be acceptable to us. while we're taking less risk in equity, we want to take more risk in fixed income, squeezing into the middle of the risk spectrum for investors gloment same strategy you had when you were with us july 13. you were looking at big consumer goods, colgate palmolive, up 3.4% add a dividend on top of that. and high-yield corporate bond exchange traded fund to illustrate your affinity for junk debt, hyg the ticker, up 4% plus the dividend pup still like these? >> we still like them. we still have holdings in both of them-- generally in both of them. we don't have direct exposure to the indix. we tend to do that in our own priority funds. the idea is still there. last year, we got a bigger bang for our buck from that fixed income risk

. >> what would you think if phillip morris said we should all get together and fight against lung cancer. it would be hip critical. >> it says the campaign is designed to help educate consumers. >> 455 am it testimony, sal is covering traffic, is traffic starting in san francisco? >> yes. it looks good as you drive through the city not a bad commute at all. if you are driving on 101 it looks pretty good up to the 880 split. also it looks good on 880 and there are some flashing lights but it's not affecting traffic and traffic continues to look good as you drive through. 880 westbound, you heard about the carquinez bridge and it is not causing any slow traffic and the traffic on the span is showing still early. 4:55, let's go to steve. >>> we lost most of the breeze, but high pressure is large and in charge. it goes way up there and when you see something like in this time of year you look for uncutting. there is hints of it and until next month it is not going anywhere. the overnight lows, they are dropping and so a lot more 20s and 30s already. it took a lot more and you can see higher

. >> caller: my question is this -- i own several shares, but i wonder about phillip morris p.m. and m.o. >> all right. i think p.m's good, but i like the yield, i'm a little more worried about international regulation. m.o. is better. let's go to mark in florida. mark? >> caller: hello, mr. cramer, i wanted to follow up on your brilliant call on regional banks. i haven't heard you mention regenr regions financial. >> regions is good. i like good going to great. but i'm not going to quibble, i think regions is good too. dino in california. >> caller: good to see you doing well, sir. >> thank you, partner. >> caller: real quick. kerx. should i buy more or cover what i have? >> you know, i have got to do more work. i've been watching this stock go up step by step, inch by inch, slowly it goes higher, but i haven't done enough work. i'm going to have to say -- >> don't buy, don't buy. >> let's go to alan in south carolina. alan? >> caller: hey, jim, big boo-yah from the sunny south. >> i'm giving you a palmetto boo-yah right back at ya. >> caller: what can you tell me on clearwire?

phillip morris getting an upgrade. a reasonable valuation in the universe of large cap stocks.> it went out of the united states, went into the emerging growth. they want real growth, not the earnings per care growth that comes from buying back stock. it's an excellent report. what it says is, look, we do not have it in this country. you want to go overseas to be able to get gains. i like diaggio, too. legitimate. >> price target to 103 up from 98. the 2013 eps is trimmed because of the yen. >> don't you find it amazing even with the packaging you're seeing with the tobacco around the world, people still smoke. frightening. >> it's addictive. it keeps on going. that's why it's a defensive -- people still drink, people still smoke. >> smoking, you go to the doctor and you can't even -- if you smoke, it's like, i can't have you in my practice because you ruin my numbers. >> all right. we're keeping a watch on boeing as well. as problems came mounting for the dreamliner, the faa is looking to get to the bottom of them by ordering a comprehensive review. highlights from the news co

phillips'. >>> we are going to go through the best week, worst week. morris >> my first, my loser of the week is democracy in africa. a lot of crazy things with things of that nature. taking a lead and ask americans and we decided to add value on the fight for democracy. the winner of the week is the flu. the flu has had a great week. it's wiped out all of the stuff in different places and emergencies and different state, but there's a reason behind this. the cdc says it costs $1 billion to create a vaccine to fight the flu, with the cuts, if we have another anthrax scare and can't fight the flu how do we prevent the anthrax scare. this is a real issue in what's going on with the disease and immune situations. >> i like the perspective. we're out of time, but that's okay. susan, your picks. >> best week, andrew cuomo. looks like he'll get a gun deal on assault weapons with democrats and republicans. worst weeks, congressman phil gingrey. horrible comments and he needs to keep his mouth shut. >> senator jay rockefeller who said he'll refire next year. worst we