Jim Cramer Reflected on These 17 Stocks

3. Verizon Communications Inc. (NYSE:VZ)

Number of Hedge Fund Holders: 65

Verizon Communications Inc. (NYSE:VZ) is one of the stocks Jim Cramer reflected on. When a caller inquired about the stock, keeping its 7% dividend in view, Cramer replied:

“I think it’s okay. It’s really just a bond. I mean, there’s a lot of competition now in the telco business.”

Verizon (NYSE:VZ) provides communications, technology, and entertainment services, with solutions including wireless and wireline connectivity, broadband, and related devices. The company serves consumers, businesses, and government clients with mobile, fiber, IoT, and network solutions. During a May episode, Cramer remarked that the company was not as bad as before, as he said:

“No, that’s fine… The dividend, 6% is good. They’re doing better… I gotta put it like this way, Verizon, not as bad as it used to be. I mean that’s not enough for me, but that’s kind of enough for them. Hey, we’re not so bad, that’s a good slogan for them. Hey Verizon, we’re not so bad. I like that.”