Frontier Communications Corp. (fka FTRCQ)

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FTR: "Cramer's No. 1 sign that a stock is too dangerous"

"Jim Cramer reminded investors that when they see a stock with an absurdly high yield, they need to stay the heck away from it.

"I don't care how tempting the dividend looks or how cheap the stock seems. A super-high yield that is totally out of whack with its peers is almost always a sign that something is very, very wrong and you need to run, not walk away as fast as you can," the "Mad Money" host said.

A classic case of this is with Frontier Communications (FTR), a small telecommunications provider with a monstrous 14.6 percent dividend yield that closed at $2.76 per share on Monday.
The stock might seem tempting, but buying a stock for that big of a yield is almost always a mistake.

The key, Cramer said, is to figure out how Frontier became a $2.76 stock with a 14.6 percent yield. The answer is that the share price was crushed. After peaking around $8 in 2015, the stock has lost more than two-thirds of its value."

https://www.yahoo.com/finance/news/cramer-no-1-sign-stock-233538918.html