RealMoney Radio: High-Yield Picks

"Verizon (VZ Quote) and AT&T (T Quote) are my favorite high-yielding stocks," Jim Cramer told a caller on his "RealMoney" radio show Wednesday.

Verizon, which yields 4.5% and AT&T, which yields 4.1%, have "bountiful yields," he said.

Cramer advised the caller to buy some Verizon or AT&T, and if the stocks come down, he said buy some more.

Meanwhile, Sprint Nextel (S Quote) and Vodafone (VOD Quote) are two stocks that he believes should go down.

Another company that Cramer considers a "favorite" is Altria (MO Quote), which he owns for his charitable trust, Action Alerts PLUS.

Responding to his next caller, Cramer called Black & Decker (BDK Quote) a good stock, but also mentioned keeping in mind that the stock has had a big run.

Boeing (BA Quote) is a stock Cramer told another caller he has liked for a very long time.

"I believe it goes to $100, and I would be an aggressive buyer of the stock," he said.

Boeing was recently trading at $86.96.

On the other hand, Cramer said he considers Cimarex Energy (XEC Quote) "one of the worst oil companies out there."

He said he would rather see market players in a stock such as ConocoPhillips (COP Quote) or Chesapeake Energy (CHK Quote).

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