Jim Cramer Prefers Verizon to AT&T, Says Time Warner Is Undervalued

TheStreet's Jim Cramer says he doesn't know if Verizon (VZ) - Get Report will buy Yahoo (YHOO) , but he said he prefers Verizon to AT&T (T) - Get Report because it's levered to Apple's (AAPL) - Get Report iPhone 7. Cramer also commented on Netflix (NFLX) - Get Report , saying the stock has had a remarkable run and it may give up some ground here. But he added that Netflix is a worldwide television network, and it is worth more than it's selling here. He also said Time Warner (TWX) is undervalued and could go to $80. Cramer also discussed AEP (AEP) - Get Report , First Solar (FSLR) - Get Report Macy's (M) - Get Report , Whole Foods (WFM) and several other stocks. Cramer is portfolio manager of Action Alerts PLUS.  You can send questions to Cramer on his Facebook (FB) - Get Report page, or on Twitter (TWTR) - Get Report , use hashtag CramerQ.

At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.