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Monday, October 30, 2006

Cramer: Verizon is Back from the Dead

In CNBC's STOP TRADING segment, Cramer was discussing a DJIA component stock that is back from the dead. Cramer was saying that Verizon (VZ) is that name. He said the 4.5% and spin-off of Yellow Pages makes this a BUY right here down $1.43 on earnings. He thought the numbers were great. He said management has delivered, and this management is underpaid compared to the other CEOs. He says wireless is the key to the company.

Cramer also noted Comcast (CMCSA) positively again.

Cramer likes Comcast better than Verizon, but the two can be split.

On Yahoo! (YHOO) Cramer discussed the strong performance from Merrill Lynch calling it a Buy. Cramer thinks Panama will help, but he still thinks management needs to be changed at Yahoo!.

Jon C. Ogg
October 30, 2006
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