Jim Cramer on Rogers Communication: "It's Not Expensive, It's a Good Company"

Rogers Communications Inc. (NYSE:RCI) is one of the stocks Jim Cramer put under the spotlight. When a caller sought Cramer’s advice on the stock during the lightning round, he said:

“You know, it’s better than just a pure cable company, and I think that’s why people like it. It’s not expensive. It’s a good company. It’s based in Canada, doesn’t share our problems. I like it.”

Rogers Communications Inc. (NYSE:RCI) provides wireless, internet, TV, and media services, along with smart home and business solutions. The company also owns sports teams, media networks, event venues, and provides financial products. On November 10, Barclays increased its price target on the company stock to $36 from $33 while maintaining an Equal Weight rating following Rogers Communications Inc.’s (NYSE:RCI) Q3 report. The firm noted that the company’s recent pricing improvements seem likely to continue.

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