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Stop Trading!

Tuesday, 8 May 2007 | 5:59 PM ET

Cable has its triple play for media – internet, cable, phone – but Cramer has his own: Verizon, Comcast and Charter Communications. Appearing on “Street Signs” with Erin Burnett, who was out in Las Vegas for the NCTA Cable Show, Skeedaddy gave reasons for why these stocks are his favorite in the space.

Verizon’s doing well with its FiOS fiber campaign, and it’s got a great yield to boot, Cramer said, adding, “Ivan Seidenberg is doing a remarkable job.” Brian Roberts at Comcast is performing well, too. “Just because he’s spending doesn’t mean it’s bad,” Cramer said. “He’s got a great business, so he’s spending to build it.” And Charter is finally fixed, as far as Cramer’s concerned. It’s not a dead stock anymore, so that means there’s room for an upside move.

Stop Trading!
Mad Money host Jim Cramer discusses his favorite media stocks with CNBC's Erin Burnett

Don’t believe the analysts that say investors have to choose between cable and telecom either. “It’s not one or the other, it’s both,” Cramer says. Verizon and Comcast are doing well, and both are worth a look, especially Comcast if it comes down in price.

Time Warner and Dick Parsons also earned commendations from Cramer. He called TWX an undervalued stock, particularly if the speculation regarding the sale of the Time Inc, the magazine division, is true. Cramer believes that opening the doors to Carl Icahn was a good move for the company.

Finally, there’s Discovery Holdings. David Zaslav has done a great job, Cramer says, “It’s my favorite cable play.”

Questions? Comments? madmoney@cnbc.com

  Price   Change %Change
CHTR
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CMCSA
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DISCA
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TWX
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VZ
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