Jim Cramer Calls Lamar Advertising "Best of the Lot"

Lamar Advertising Company (NASDAQ:LAMR) is one of the stocks Jim Cramer answered questions about recently. Highlighting that the company generates consistent income and may be immune to tariffs, a caller asked Cramer for his thoughts on the stock. He said:

“Typically, I would not recommend an advertising stock. This does have a 5% yield. They’re very clever guys, and it’s not a high multiple stock. It’s not my favorite. I think advertising is not a good business, but that is the best of the lot, so there you go.”

Lamar Advertising Company (NASDAQ:LAMR) provides outdoor advertising solutions, as it offers space on billboards, digital displays, and transit platforms. The company’s services include highway signage, transit ads, and placements in high-traffic public areas. On August 27, the company declared a $1.55 dividend per share, payable on September 30 to the shareholders of record on September 19. The company has a dividend yield of 4.95% as of September 2.

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