Cramer is bullish on Crown Castle (CCI) and he had the CEO John Kelly via phone on Mad Money tonight. Cramer asked Kelly if the bull market in cell-phone towers is sustainable.
Kelly said it is. Cramer asked if CCI’s stock buybacks are working “or should you be giving us dividends? Should you be doing something else?” Kelly said CCI looks at all options when making investments but believes the best investment right now is in its own towers. “That’s our euphemism for buying back our shares. It’s creating additional ownership in our towers,” he said. Cramer wanted to know if CCI was seeing any signs of a slowdown. “Not from what we see,” said Kelly. Cramer summed up the interview saying he wished the stock would pull back because “That story’s for me!”