Cramer makes no bones about his love affair with T ....... pretty soon , you'll hear him .. Mea Culpa ,
3 times ...... oh yeah , he'll probably also point out that VZ has had a great run from 26 and is very
richly valued , insinuating that you should sell , then he'll drool all over AAPL and say that even at
700 it's still a bargain ..... he speaks like a true hedgie (or Jersey Girl !!) .... lol g
Forward PE of 16 is not high for a company growing like VZ. They can reduce their capital spend anytime they want to pump up earnings 4 or 5 Billion. It is a cash generation machine with a good divvy. Buy and hold for 5 yrs and you will be rewarded.