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.
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