Cramer recommended four dividend-paying stocks during Thursday’s Stop Trading!.

Track Cramer’s picks at:

http://trackthepros.com/stocks/category/27

HJ Heinz
offers a 4% dividend yield. A stronger dollar has caused some weakness in the stock, but Cramer thinks HNZ should be bought right now. He’s not sure how much longer the company can stay independent if the stock goes any lower.

Coca-Cola pays out 3.5%. KO between $40 and $43 is a steal, Cramer said.

Waste Management just reported a better-than-expected quarter, and pays 3.75% dividend.

And lastly, Cramer likes Caterpillar
. It is an industrial company, exposing it to some cyclical problems, but Cramer thinks CAT should be bought right here. The dividend yield is 4%.

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Xethanol Corporation is a diversified renewable energy company dedicated to the production of ethanol and related products. They produce these products in manufacturing facilities close to major urban markets, using raw materials readily available in those areas. The company also produces distiller’s wet grains, a byproduct of the corn-to-ethanol process.

Founded in 2000, Xethanol Corporation trades on the American Stock Exchange (AMEX) as part of the Waste Management industry in the Industrial Goods sector. Their current market capitalization is $9.16 million. The company takes a different business approach when it comes to ethanol production. Corn is the primary raw material for ethanol. Most of the production of ethanol occurs in the Corn Belt, far from the high-demand ethanol areas of the coasts, including the Gulf coast. Xethanol instead uses locally available biomass, rather than corn, as their main material to produce their ethanol. This biomass is in the form of organic

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Founded in 1988, ThermoEnergy Corporation is an integrated technologies company that trades on the OTCBB. As part of the Waste Management industry they strive to think ‘clean and green’ when it comes to their business. They engage in the worldwide commercialization of patented and/or proprietary municipal and industrial wastewater treatment. In addition, they involve themselves in clean energy technologies.

ThermoEnergy has their headquarters in Little Rock, Arkansas, as well as offices in Worcester and Hudson, Massachusetts, and New York, New York. The company serves municipal, industrial, and agricultural markets in the United States. Their wastewater treatment technologies provide cost savings for their customers in demanding applications. Their clean combustion technology helps their customers who rely on oil or natural gas to switch to cheaper energy sources while meeting air emission standards and providing for full CO2 capture.

ThermoEnergy Corporation’s technologies provide solutions for removing nitrogen from wastewater streams. Their ThermoFuel process is

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Living in a small town in Western Pennsylvania, I am within 20 miles of several active windfarms, a Gamesa (Spain: GAM) wind turbine manufacturing plant, a resurgent coal mining industry, Waste Management (WMI) landfill gas capture projects, and natural gas exploration as part of the Marcellus Shale deposit. The accompanying overview and map of energy production in PA can be found at EIA.gov, along with a complete profile of energy-related statistics for the Keystone State. Companies such as Range Resources (RRC) and CNX Gas (CXG) are actively exploring and developing the Marcellus shale for conventional and unconventional natural gas deposits while Waste Management conducts landfill gas capture and waste-to-energy projects at local landfills. ...

S&P Analyst Stuart Plesser rates JPMORGAN CHASE a STRONG BUY:

a. The company agrees to buy back $3 billion worth of auction-rate-securities and pay a $25 million fine.

b. The purchase will not reduce capital or result in material losses.

c. 48 target price

S&P Analyst Stewart Scharf rates WASTE MANAGEMENT a BUY:

a. Republic Services rejects Waste Management’s sweetened buyout bid of $37 per share in cash (about $6.7 billion), saying that the new offer undervalues Republic and that it remains committed to its own acquisition of Allied Waste Industries (AW) .

b.  Waste Management will have to restructure its proposal to include stock in order to meet its financing requirements, while offering a substantial premium to its latest bid, for Republic to even consider negotiating for a possible business combination.

S&P Analyst Rafay Khalid Rates VISHAY INTERTECHNOLOGY a BUY:

a. Vishay proposes to acquire International Rectifier

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An AP report this morning said that Waste Management (WMI), after failing to buyout rival Republic Services (RSG) for $34 per share, was again rebuffed by Republic for WMI's $37 per share offer.  A spokesperson was said to have indicated RSG preferred the earlier-proposed merger with Allied Waste Industries (AW).

Allied Waste is the only company of these three to have received much positive sentiment from analysts in the past month.  For the September quarter, 4 analysts have upwardly revised estimates, and 5 analysts have done so for their fiscal year estimates.  And now with Republic outwardly stating it would prefer a merger with Allied, perhaps we shall see more upward revisions.  Depending, of course, how favorable a merger with Republic would ultimately be.

Though coverage of Waste Management has had 7 increases for fiscal 2008 estimates, several more analysts have downwardly revised Q3 and Q4 expectations.  Part of

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Boston, Mass. based Converted Organics, Inc. is turning trash into cash at its new processing facility in Woodbridge, New Jersey. The company just announced the receipt of the first food-waste shipment for conversion to high-grade organic fertilizer.

Waste management firm Russell Reid of Keasbey, New Jersey delivered the 70-ton load on Tuesday (July 1st), marking the first batch of liquid food waste to enter Converted Organics’ high-temperature liquid composting system. The two companies have a standing agreement regarding the processing and conversion of waste obtained from Russell Reid’s food service customers.

“We have begun processing our first shipment of 15,000 gallons of liquid food waste (approximately 70 tons), and are very pleased that its conversion into high-quality organic fertilizer via our High Temperature Liquid Composting (HTLC) system is proceeding as efficiently and effectively as expected,” stated Edward Gildea, president of Converted Organics. “Our team of experts in Woodbridge expects similar

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