Cramer's 'Mad Money' Recap: Telecom Telepathy

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"There is one area that's shining [domestically]," Jim Cramer told viewers of his "Mad Money" TV show Tuesday. It's telecom.

Telecommunications is "lower risk," and it's the one sector the Fed can't "bulldoze," he said. It's one of the few domestic areas in which market players can make money right now.

Although both Verizon (VZ Quote) and AT&T (T Quote) are "great places to be," Cramer said he can't recommend both.

He believes that AT&T has moved up too much. Even though Cramer doesn't advise selling AT&T, he doesn't advise buying it, either. People should put any "new money" into Verizon, he said.

Verizon's technology is known to be better than AT&T's when it comes to wireless, Cramer said. Plus, Verizon has a 4.3% dividend, whereas AT&T is yielding 3.7%. Verizon has more of a cushion in case it takes a hit, which shouldn't happen anyway, he said.

Verizon's quarter was good, Cramer continued. It increased its wireless customers by 14.5% year-over-year and displayed a No. 1 retention rate. In addition, its fiber-optics service has accelerated revenue growth, he said. FiOS has only been around at Verizon for about five quarters, but it already has a lot of customers.