Jim Cramer’s Thoughts on These 10 Stocks

4. Verizon Communications Inc. (NYSE:VZ)

Number of Hedge Fund Holders: 65

A caller asked Cramer’s thoughts on Verizon Communications Inc. (NYSE:VZ), and he replied:

“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.”

Verizon (NYSE:VZ) delivers a broad range of communications, technology, and entertainment services and products to individuals, businesses, and government clients. The company provides wireless and wireline services, broadband, connected devices, and network solutions. In April, discussing the turbulent market, 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?”