Cramer Ranks Telecom Equipment Stocks

Posted: April 30, 2007 at 11:26 am

On today’s Wall Street Confidential video on TheStreet.com, Cramer ranked telecom equiment makers in order (as #1 being the best) after Verizon’s results:

#1) Ciena (CIEN) is in a sweet spot and he thought it was a takeover name before and they are at the cusp of all the telecom cap-ex spending;

#2) Tellabs (TLAB) is second because of its rock bottom values;

#3) JDS-Uniphase (JDSU) is a $4 upside and $1 downside scenario;

#4) Alcatel-Lucent (ALU) he likes because it can’t be taken over.  Just last week Goldman Sachs raised ALU to Buy from a Neutral rating.

Cramer said he thinks that even if the stock goes up that the company Vonage (VG) is falling apart and he called NorTel a "disaster."

Jon C. Ogg
April 30, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.

Read more: Cramer, Technology Companies, Telecom
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