Jim Cramer on AT&T (T): “Very Much in Favor of ATT”

We recently published a list of Jim Cramer Talked About These 13 Stocks. In this article, we are going to take a look at where AT&T Inc. stands against other stocks that Jim Cramer discusses.

When a caller confessed that they got out of AT&T Inc., Cramer said:

“I came out this, came out this morning very much in favor of AT&T because of that 4% yield, but there’s lots of other 4% yielders around these days.”

Jim Cramer on AT&T (T): “Very Much in Favor of ATT”

A person in the field using their smartphone to connect to wireless communication services.

AT&T provides a range of telecommunications and technology services that include wireless voice, data plans, broadband internet, cloud solutions, and managed services. It is worth noting that on April 11, Cramer said:

“So what made this list so far? Right now there’s peace among the phone companies. The big price war seems to be a thing of the past. That means you can own both Verizon and AT&T. Both have good yields. Both are reporting better-than-expected earnings. They’re worth owning because their businesses have very little cyclicality. So that’s the paradigm, okay?”

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This article is originally published at Insider Monkey.