Is AT&T Worth Buying Without iPhone Exclusivity?
When this week announced it will carry Apple'siPhone on its network, investors started selling AT&T, which had been the exclusive service provider for the popular phone. But Cramer on Friday said there's more to AT&T than the iPhone and recommended viewers buy the stock.
The topic arose when Bill wrote Cramer, asking if he likes the $7 price target that many analysts have on Sprint . When it comes to telecommunications companies, Cramer said he looks for yield and safety. AT&T provides investors with both.
Speaking of telecoms, Linn asked if Verizon and CenturyLink are worth buying, even though the sector has been hammered lately. Cramer likes both companies, but thinks they're a little pricey right now.
In keeping with the technology theme, Glenn asked who makes the touch screens used in smart phones and tablets. Cramer said Cypress Semiconductor makes the screens, but added it's stock is too high right now.
When this story was published, Cramer's charitable trust owned Apple.
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