RealMoney Radio: High-Yield Picks

Cramer says that AT&T and Verizon are the way to go.
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"

Verizon

(VZ) - Get Report

and

AT&T

(T) - Get Report

are my favorite high-yielding stocks," Jim Cramer told a caller on his

"RealMoney" radio show Wednesday.

Verizon, which yields 4.5% and AT&T, which yields 4.1%, have "bountiful yields," he said.

Cramer advised the caller to buy some Verizon or AT&T, and if the stocks come down, he said buy some more.

Meanwhile,

Sprint Nextel

(S) - Get Report

and

Vodafone

(VOD) - Get Report

are two stocks that he believes should go down.

Another company that Cramer considers a "favorite" is

Altria

(MO) - Get Report

, which he owns for his charitable trust,

Action Alerts PLUS.

Responding to his next caller, Cramer called

Black & Decker

(BDK)

a good stock, but also mentioned keeping in mind that the stock has had a big run.

Boeing

(BA) - Get Report

is a stock Cramer told another caller he has liked for a very long time.

"I believe it goes to $100, and I would be an aggressive buyer of the stock," he said.

Boeing was recently trading at $86.96.

On the other hand, Cramer said he considers

Cimarex Energy

(XEC) - Get Report

"one of the worst oil companies out there."

He said he would rather see market players in a stock such as

ConocoPhillips

(COP) - Get Report

or

Chesapeake Energy

(CHK) - Get Report

.

To see the most recent edition of The RealMoney Radio Recap in its entirety, please click here. This recap is published every day around 3 p.m. ET.

At the time of publication, Cramer was long Altria.

Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for

Action Alerts PLUS. Listen to Cramer's RealMoney Radio show on your computer; just click

here. Watch Cramer on "Mad Money" at 6 p.m. ET weeknights on CNBC. Click

here to order Cramer's latest book, "Real Money: Sane Investing in an Insane World," click

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here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by

clicking here.

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