Jim Cramer Says Investors Interested in AT&T Should Wait

TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer said for investors looking to buy shares of AT&T (T) - Get Report it may be too late. Cramer said he was interested in shares of the telecom giant in the '$33 to $34 range on the back of DirecTV doing better.' He believes investors who want to own shares of AT&T need to wait for a market-wide pullback.

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