CNBC’s Jim Cramer provided investors with a list of three communications services stocks that are buying in an otherwise “untouchable” group.
The communications services sector, one of 11 in the S&P 500, includes traditional telecommunications companies, media and entertainment companies and some large Internet companies.
“In a horrible year for stocks, communications services were the worst performing group in the S&P 500, which is really saying something,” he said. “Most of them are simply untouchable, but you have my blessing to buy” T-Mobile, Disney i netflix.
Here are their thoughts on each value:
Cramer called the company the nation’s best-performing wireless carrier and said he believed in the stock’s ability to shoot up.
Disney will turn itself around now that CEO Bob Iger is back at the helm, he predicted.
While Netflix struggled earlier this year due to subscriber losses, the company has seen subscriber growth and introduced an ad-supported tier to help make up its balance sheet. “I feel better and better about Netflix,” Cramer said.
Disclaimer: Cramer’s Charitable Trust owns Disney stock.
