Verizon (VZ - Get Report): This is Verizon's year. The iPhone's coming in quarter one which will lead to a growth spurt. The FIOS build out is largely paid for, and now the company can reap the benefits of the spend. The company's half-owned portion of Verizon Wireless will be paying some hefty dividends in 2011, and I think we will get a nice dividend boost. We're talking about the possibility of $40 being reasonable, if conservative, giving this stock one of the best risk-reward profiles we've got in the Dow or the S&P 500 for that matter. CEO Ivan Seidenberg has done a remarkable job turning this staid company into a growth vehicle with a nice dividend. It will be a core holding for many mutual funds.
Cramer holds Alcoa, Bank of America, Boeing, Caterpillar, Coca-Cola and JPMorgan in his Action Alerts Plus charitable trust portfolio.
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-- Jim Cramer is co-founder and chairman of TheStreet. He contributes daily market commentary for TheStreet's sites and serves as an adviser to the company's CEO.