Cramer's 'Stop Trading': AT&T, Verizon - TheStreet



) --


(T) - Get Report

service may be subpar, but Jim Cramer likes the stock -- or so Cramer said on his Tuesday "Stop Trading" segment on CNBC.

The wireless carrier is promoting its new


(AAPL) - Get Report

iPhone application called Mark the Spot, which collects users complaints about poor service like a dropped call or data failure. The app currently ranks as the No. 6 most popular iPhone tool.

Despite the issues surrounding AT&T's service, Cramer said during his "Stop Trading" that he likes the stock, as well as rival


(VZ) - Get Report


"I know they are boring, but they both have a nice yield," he said.



is one of the standout stocks coming out of the American Society of Hematology (ASH) annual meeting. There is growing support for the company's Treanda as a new standard of care in first-line non-Hodgkin's lymphoma (NHL).

"Hystorically Cephalon has delivered numbers and new products and are non-promotional," Cramer said. "I like the stock."

Meanwhile, Cramer said not to touch

New York Community Bancorp


yesterday, but he is warming up to the stock now that the deal is broken.

New York Bank has a 7.8% yield and the FDIC, Cramer says, did them a favor by giving them



-- Reported by Jeanine Poggi in New York.

Follow on


and become a fan on


Copyright 2009 Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.