Skip navigation
MOST POPULAR RELATED TAGS
  • TOPICS
  • SECTORS
  • COMPANIES

MAD MONEY FEATURES

Podcasts PODCASTS
Watch the Lightning Round whenever and wherever you want.




Widget OFFICIAL MAD MONEY WIDGET
Grab this all-in-one application and get recaps of the show sent right to your desktop or blog.




Soundboard CRAMERS SOUNDBOARD
Admit it: You've always wanted to hit the "They
know nothing!" button. Here’s your chance.




Mad Money PhotosCHECK OUT OUR PHOTOS
Check out Cramer on set, back to school, behind the scenes and more.




ShopSHOP FOR MAD MERCHANDISE
Buy Cramer books, bobbleheads and other Mad Money merchandise.




Ringtones RING TONES
Pick up the phone! It's Cramer! New Mad Money sounds for your cell phone.




Mobile AlertTEXT MESSAGE ALERT
Mad Money's mobile. Get show highlights sent to your phone.







Text Size
Jan.27
3:15 PM ET

Verizon Communications is trading as it usually does after reporting earnings, Cramer said during Tuesday’s Stop Trading!. Wall Street’s nitpicking the company’s performance, sending the stock down as a result.

Verizon [VZ  Loading...      ()   ] announced increases in both quarterly net profit and FiOS TV and Internet subscribers, but still the share price has lost about $1 during today’s trading session. Cramer thinks analysts are overlooking some very bullish reasons for owning VZ, such as the aforementioned FiOS rollout, strong cash flows and the Alltel acquisition.

“People are just too negative on Verizon,” Cramer said.

U.S. Steel [X  Loading...      ()   ] is also a buy, after reporting a better-than-expected quarter. The company earned $2.65 a diluted share, though the Street predicted only 69 cents. Between management’s solid execution during this downturn and President Obama’s infrastructure-based stimulus plan, X is worth investors’ consideration.

So is Peabody Energy [BTU  Loading...      ()   ], Cramer said, as this company was a part of Tuesday’s more positive earnings reports. As much as President Obama may want to reduce emissions, Cramer said, Peabody’s conference call showed that the U.S. is still building coal plants. The company said that coal will still be a key fuel source even as late as 2030.

Cramer likes Caterpillar [CAT  Loading...      ()   ] for its 5% dividend yield. Even with the company’s reduced forecast, he said, that payout should be safe. The stock seems to work from a technical-analysis perspective, too, with the chart showing a base is being put in.

Lastly, Cramer said he was bullish on both Bristol-Myers Squibb [BMY  Loading...      ()   ] and Quanta Services [PWR  Loading...      ()   ]. The drug company finally seems to be executing well, and Quanta’s a play on the build-out of the U.S. energy grid.








Cramer's charitable trust owns Bristol-Myers Squibb and Quanta Services.

Questions for Cramer?

Questions, comments, suggestions for the Mad Money website?

© 2009 CNBC, Inc. All Rights Reserved

Tools:
PrintEmailAdd This share icon
Next Post
  • digg share
ADD COMMENTS
Remaining characters


Current DateTime: 05:29:33 23 Nov 2009
LinksList Documentid: 29778428

Current DateTime: 10:08:23 23 Nov 2009
LinksList Documentid: 29779196

Current DateTime: 06:27:51 23 Nov 2009
LinksList Documentid: 29779199

Current DateTime: 01:08:15 23 Nov 2009
LinksList Documentid: 29779198
  Data is a real-time snapshot  *Data is delayed at least 15 minutes
Global Business and Financial News, Stock Quotes, and Market Data and Analysis

© 2009 CNBC, Inc.  All Rights Reserved.
A Division of NBC Universal
Thomson ReutersThomson Reuters