“I Want You to Hold On To It”

“I Want You to Hold On To It”


AT&T Inc. (NYSE:T) is one of the stocks Jim Cramer put under the microscope. A caller asked if they should hold onto their position in the stock, and Cramer replied:

“Yes, I want you to hold on to it. This fellow Stankey is doing a great job. He’s still got almost 4% yield. They are executing at an incredibly high level, and congratulations. Well done.”

A person holding a cup of coffee while reading stock market data on the phone. Photo by Anna Nekrashevich on Pexels

AT&T Inc. (NYSE:T) delivers telecommunications and technology services, including wireless, broadband, and managed solutions. Cramer mentioned the company in a July episode. He remarked:

“Now remember, I infamously didn’t like it at 22. So you could say, what are you doing liking it at 28? But I did change my mind at 24. Now, here’s what you need to know: I read a piece today, of research, that said that basically this is the best in the industry, and you know what? I like T-Mobile, but boy, this thing is a really good situation…”

While we acknowledge the potential of T as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.


finance.yahoo.com
#Hold

Share: X · Facebook · LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *