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TheStreet.com TV Recap: Cramer Riffs on Telco Equipment

Stock quotes in this article: CIEN , TLAB , JDSU , ALU , VZ , VG , NT , ERICY  

Jim Cramer ranked his top telecom-equipment makers on TheStreet.com TV's Wall St. Confidential Web video Monday.

"Ciena (CIEN Quote) is No. 1 because it has some earnings," he told Gregg Greenberg, the host of Wall St. Confidential. The stock, which got an upgrade today, "is at the sweet spot of this."

Tellabs (TLAB Quote) was the No. 2 pick because of its "rock-bottom valuation." Cramer said then he would focus on JDSU (JDSU Quote). If JDSU does execute well, Cramer said he believes the stock could see 4 points to the upside, and only 1 point to the downside in case it doesn't execute.

Alcatel-Lucent (ALU Quote) was Cramer's fourth pick because he believes it can't be taken over. ...

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