Amongst all the shouting and sweating of stock guru Jim Cramer, you’ll often find some words of wisdom. It gets a little easier when he’s asked to put his speculation in writing.
At TheStreet.com, Cramer tells us we can bank on Google launching its own phone service at some point in the future.
You have to be a believer about Google taking over your phone business…the company has bought a ton of dark fiber, and it has bought stakes in companies that do broadband over power lines and Wi-Fi…Google wants to be an Internet Service Provider (ISP) — it needs to do that just to grow, and I think that it is a natural to offer an all-in-one package.
I didn’t see a disclaimer, but I’m guessing Cramer owns a share or two of GOOG.