NEW YORK (TheStreet) -- At the beginning of his Tuesday Stop Trading! segment on CNBC, Jim Cramer showed viewers a segment of Apple (AAPL) - Get Report CEO Steve Job's running into some technical problems during his iPhone presentation Monday.
Although it was simply a WiFi network issue, someone in the crowd jokingly yelled out that Apple should expand its carrier options beyond
On that note, Cramer said that he continues to like
more than Verizon and AT&T; Vodafone has greater exposure to countries outside of America -- to the emerging markets -- where there's more growth.
"The growth is not in America," Cramer explained. "You want to get your company out of America." That said, Cramer added that he is excited about chatter that AT&T may try to expand to India. He believes it would be a good move for the company, provided that AT&T has a strong enough balance sheet to do it. He thinks that AT&T is the top U.S. carrier overseas, especially when it comes to network roaming.
On Tuesday, Cramer mentioned that he, for the first time, is hearing real investment professionals saying that the market is down "too much." Cramer said this is the first time this argument feels like "it has credence." In light of this, Cramer suggested taking a look at
"Not every company is
," he said. Exxon, he explained, is a company with no problems in the Gulf, has good yields and is well-run.
Cramer has been calling current market conditions "treacherous" and isn't questioning why people are going into treasuries. "No one's questioning the safety of treasuries and that's their function. I understand that."
Cramer remarked that "we used to laugh at the Chinese for buying all these treasuries," but they've done very well off the treasury market.
Cramer's Stop Trading!: Jobs, Jobs, Jobs
-- Reported by Andrea Tse in New York
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