VZ - Jim Cramer Says Skip This 'Very Strange Stock' Buy DraftKings Instead | Benzinga
On CNBC’s "Mad Money Lightning Round," Jim Cramer said he is a buyer of American Electric Power Company, Inc. (NYSE: AEP). "This won’t just be a smooth ride, 4.2% yield is good. A lot of people sold this stock because the short term rates have gone so high because the Fed has raised rates so rapidly. That’s why it’s going down, nothing to do with the company, which is ...