Cramer: Four Stocks Off Verizon's Quarter
This column was originally published on RealMoney on April 30 at 9:10 a.m. EDT. It's being republished as a bonus for TheStreet.com readers. For more information about subscribing to RealMoney, please click here.
Ciena(CIEN Quote), Corning(GLW Quote), JDSU(JDSU Quote), even Tellabs(TLAB Quote): That's the way to play this Verizon(VZ Quote) quarter, where spending is going to accelerate on optical businesses.
It's been ages since we had a spending cycle worth noting in telco (vs. the unbelievably strong aerospace cycle; witness United Tech(UTX Quote), Honeywell(HON Quote) and now B/E Aerospace(BEAV Quote) this morning). When we had the last one, it was fantastic for Ciena, JDSU, Alcatel, Lucent (pre-combination), Nortel(NT Quote) and Corning.
Corning signaled the strength last week, even though it seemed that people focused far more on LCD screens. ...
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