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.