Why Jim Cramer Is Still Watching AT&T

Stocks were mixed in intraday trading on Tuesday, May 18. 

And investors heard from two companies on how the reopening is shaping business. 

Walmart posted stronger-than-expected first-quarter earnings and boosted its full-year profit forecast after same-store sales at the world's largest retailer blasted past forecasts.

Home Depot reported better-than-expected earnings and sales in the first quarter amid what the nation's No. 1 home-improvement retailer said was "unprecedented demand" for domestic projects. 

So, what's Jim Cramer watching?

Well, he's actually paying attention to AT&T and the dividend cut.

Recap TheStreet Live: Everything Jim Cramer Is Watching Tuesday