On today’s STOP TRADING segment on CNBC, Jim Cramer came out talking about of all things a waterproof cellular phone in response to Erin Burnette’s question but he said the Apple (AAPL-NASDAQ) iPhone is the one to watch. He says sell AT&T (T-NYSE) and BUY Verizon (VZ-NYSE) for a trade because they have performed out of whack lately. He said it is nothing against AT&T, just the relative value trade.
On Crystallex (KRY-NYSE), this is just a play on Chavez because Venezuela has the largest unexploited gold mine in the world. It is speculation that they will receive a Venezuelan permit. But very speculative.
Dominos Pizza (DPZ-NYSE) is one that Cramer thinks is very pro-shareholder and great, even if he thinks Mexican food is winning over pizza now.
Jon C. Ogg
March 28, 2007
Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.