Cramer's 'Stop Trading!': AT&T's Too Cheap

Stock quotes in this article: T , VZ  

"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."

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At the time of publication, Cramer had no positions in stocks mentioned.

Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for Action Alerts PLUS. Watch Cramer on "Mad Money" weeknights on CNBC. Click here to order Cramer's latest book, "Mad Money: Watch TV, Get Rich," click here to order his book, "Real Money: Sane Investing in an Insane World," click here to get his second book, "You Got Screwed!" and click here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by clicking here.

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