Stop Trading!
Cramer's 'Stop Trading!': AT&T's Too Cheap
TheStreet.com Staff
04/01/09 - 03:24 PM EDT
"We want guys who raise the dividends, who continue to be aligned with the shareholders," said Jim Cramer on Wednesday's "Stop Trading!" segment on CNBC, such as AT&T(T Quote) and Verizon(VZ Quote)
AT&T CEO Randall Stephenson and Verizon CEO Ivan Seidenberg "raise the dividend every year," said Cramer. "They really are fabulous. That's why I've been recommending those two stocks for literally the last two years."
At around $25, AT&T is "too cheap," he said, and "Verizon looks like it's breaking out here."