|
| AT&T (T - Cramer's Take - Stockpickr - Rating), Cramer told viewers, is a
company with a good dividend that has "totally reinvented itself as a growth
business."
It "boldly" took on the iPhone without even seeing the demo version and has
made some "gutsy acquisitions," he said. But while AT&T is willing to invest
in growth, it won't just purchase anything, Cramer said. It's doing it the
right way by building its triple play with telco companies.
Calling AT&T a "sexy and cheap" company, Cramer welcomed CFO Rick Lindner to
the show and asked him how he views the telecommunications business.
The telco industry, Lindner responded, is making a resurgence. He said he
believes AT&T has the best assets in the business and he is seeing great
performance across all the company's segments. Sales of the Apple (AAPL -
Cramer's Take - Stockpickr - Rating) iPhone, said Lindner, have been great
and have not only brought the wireless company new customers, but it has
also increased store traffic for AT&T.
----== Posted via droptable.com - Unlimited-Unrestricted-Secure Usenet News==----
http://www.droptable.com The #1 Newsgroup Service in the World! 120,000+ Newsgroups
----= East and West-Coast Server Farms - Total Privacy via Encryption =----
|
|