T-Mobile US, Inc. (TMUS) Is Very Good At What It Does, Says Jim Cramer

We recently published 14 Stocks Jim Cramer Discussed As He Went “All In” On Quantum Computing. T-Mobile US, Inc. (NASDAQ:TMUS) is one of the stocks Jim Cramer recently discussed.

T-Mobile US, Inc. (NASDAQ:TMUS) is an American telecommunications carrier whose shares have gained 10.9% year-to-date. The shares jumped by 6.1% in July after the firm’s latest earnings report saw its $21.13 billion in revenue and  $2.84 in EPS beat analyst estimates of $21.04 billion and $2.68. Another reason why T-Mobile US, Inc. (NASDAQ:TMUS)’s shares rose was due to its 830,000 postpaid additions beating analyst estimates of 700,300. Here’s what Cramer said:

“That was a nice quarter.

“The EBIDTA is incredible. Plus six percent.

“How about that 5G broadband customer additions? Oh my.

“These guys are so good at what they do. And in the face of I don’t know who’s losing share.”

T-Mobile US, Inc. (TMUS) Is Very Good At What It Does, Says Jim Cramer

Previously, Cramer discussed T-Mobile US, Inc. (NASDAQ:TMUS)’s share price movements:

“Here’s one [that’s] a little surprising. Keybanc puts out a very cogent piece about how T-Mobile is fiber-deficient. And they think that the consumer value proposition has deteriorated rather rapidly. Downgraded to Underweight. And the stock has been weak. But this is a, in many ways you read this and you think oh my bad, now I know why it’s going down. Which will mean that it’s got much further to fall.

“. . .But, look what can I say, T-Mobile has been a huge, huge winner. Sievert is a winner. And before that Legere was a winner. But now the stock acts quite badly, and now we know. It’s good to know the reason.”

While we acknowledge the risk and potential of TMUS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than TMUS and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.