Jim Cramer Says Verizon (VZ)’s CEO Might Not Stand For Underperformance

Core Viewpoint - Verizon Communications Inc. has appointed Dan Schulman as its new CEO, which has generated positive sentiment from Jim Cramer, contrasting with his previous lukewarm views on the company [2][3]. Company Overview - Dan Schulman, previously at PayPal, is expected to bring a fresh perspective to Verizon, which has been characterized as an underperformer in the market [2][3]. - Cramer highlighted Schulman's humanistic approach and expressed eagerness to learn about his vision for the company, suggesting that Schulman may not tolerate continued underperformance [3]. Investment Sentiment - While there is potential for Verizon as an investment, there is a belief that certain AI stocks may offer better returns with lower risk [3].