Jim Cramer on AT&T: "This Thing is a Really Good Situation"

AT&T Inc. (NYSE:T)  is one of the stocks that Jim Cramer shed light on. A caller asked for Cramer’s opinion on the company. In response, he said:

“Now remember, I infamously didn’t like it at 22. So you could say, what are you doing liking it at 28? But I did change my mind at 24. Now, here’s what you need to know: I read a piece today, of research, that said that basically this is the best in the industry, and you know what? I like T-Mobile, but boy, this thing is a really good situation…”

AT&T (NYSE:T) provides wireless, internet, and voice communication services, along with related devices and equipment for both consumers and businesses. Moreover, the company offers broadband, fiber, and managed network solutions, and operates mobile services under multiple brand names. On May 13, Cramer made a bullish comment on the company stock, as he said:

“I will tell you this, I will tell you this, I think it is going in the right direction, and I would be a buyer of AT&T.”

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