What Did Jim Cramer Say About These 19 Stocks Recently?

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16. Verizon Communications Inc. (NYSE:VZ)

Number of Hedge Fund Holders: 75

Jim Cramer mentioned that Verizon (NYSE:VZ) had a rough trading session, raising concerns about the state of the telecom sector. Cramer didn’t mince words about the stock’s decline, saying:

“We got a real ugly read about the state of telecommunications today from Verizon, the stock fell 6.5%, 3 points, wow.”

Verizon Communications Inc. (NYSE:VZ) is a leading telecommunications giant that has been expanding its footprint in AI-driven infrastructure through its “AI Connect” initiative. This program positions Verizon to capitalize on the growing demand for AI infrastructure, leveraging its fiber network and edge computing capabilities to support businesses deploying AI workloads. With a $1 billion deal pipeline and major partnerships with Google and Meta, the company is making strategic moves in a space expected to attract over $1 trillion in investments over the next decade.

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