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Jim Cramer on Verizon: 'I Think It's Okay'

Jim Cramer on Verizon: 'I Think It's Okay'

Yahoo3 days ago
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.'
Ken Wolter / Shutterstock.com
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.'
While we acknowledge the potential of VZ as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term 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.
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