Jim Cramer Talked About These 13 Stocks

5. AT&T Inc. (NYSE:T)

Number of Hedge Fund Holders: 80

When a caller confessed that they got out of AT&T Inc. (NYSE:T), 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.”

AT&T (NYSE: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?”