Jim Cramer on AT&T (T): "Very Much in Favor of ATT"

We recently published a list of Jim Cramer Talked About These 13 Stocks. In this article, we are going to take a look at where AT&T Inc. (NYSE:T) stands against other stocks that Jim Cramer discusses.

When a caller confessed that they got out of AT&T Inc. (NYSE:T), Cramer said:

“I came out this, came out this morning very much in favor of AT&T because of that 4% yield, but there’s lots of other 4% yielders around these days.”

AT&T (NYSE:T) provides a range of telecommunications and technology services that include wireless voice, data plans, broadband internet, cloud solutions, and managed services. It is worth noting that on April 11, Cramer said:

“So what made this list so far? Right now there’s peace among the phone companies. The big price war seems to be a thing of the past. That means you can own both Verizon and AT&T. Both have good yields. Both are reporting better-than-expected earnings. They’re worth owning because their businesses have very little cyclicality. So that’s the paradigm, okay?”

Overall, T ranks 5th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of T as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than T and that has 100x upside potential, check out our report about this cheapest AI stock.

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