Cramer Likes Verizon, Under Armor, and This Stock; Not So Hot on AT&T

Jim Cramer made the following calls on July 30th, 2013. What do you think about his picks?

Verizon Communications Inc. (NYSE:VZ): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Sell on July 12, 2013. The stock’s 52-week high is $54.31, and its 52-week low is $40.51.

Verizon got the nod over AT&T last night, as Cramer said he would rather own the former to the latter during the lightning round. Verizon maintains the nation’s largest 4G LTE network, and posted big earnings, with earnings per share reaching $0.78 up from $0.64.

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Under Armour, Inc. (NYSE:UA): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on June 13, 2013. The stock’s 52-week high is $69.55, and its 52-week low is $44.32.

Cramer likes Under Armor particularlly for young investors who have the time to whether volatility over the years as the company tries to innovate and compete with competitors like Nike (NYSE:NKE). The latter is a more stable stock who is recently recommitting to innovating while Under Armor is still the fresh upstart in this space, and Cramer told viewers that in this scenario, the stock depends on the investor. Under Armor’s second quarter earnings were better than expected, with revenue growing 23 percent year-over-year.

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Schlumberger Limited (NYSE:SLB): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on July 22, 2013. The stock’s 52-week high is $85.02, and its 52-week low is $66.85.

Schlumberger continues to be one of Cramer’s favorite oil stocks, and he recommended it again last night to viewers during the lightning round, as an alternative to SeaDrill Limited (NYSE:SDRL). Earnings saw revenue gain of $840 million in the second quarter from the same period last year.

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AT&T, Inc. (NYSE:T): Jim Cramer ranked this stock a Sell. Cramer previously ranked this stock a Buy on March 20, 2013. The stock’s 52-week high is $39.00, and its 52-week low is $32.71.

AT&T was another lightning round call last night, and Cramer told viewers that Verizon was a better alternative to this communications giant. AT&T is aggresively trying to expand their 4G LTE market, and has rolled out in 9 locations over the last week.

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