Jim Cramer Says "We Should be in ConocoPhillips"

ConocoPhillips (NYSE:COP) is one of the stocks that Jim Cramer shed light on. When a caller asked about the company during the lightning round, Cramer commented:

“All right. Buy COP. Let me tell you, I just told Jeff Marks, my partner for the club, that we’re in the wrong one now. Coterra is not delivering. We should be in ConocoPhillips. I just said it today. I’m not going to say it behind… I tell it to you, I say it to him. That’s how I play it.”

ConocoPhillips (NYSE:COP) engages in the exploration, production, and transportation of crude oil, bitumen, natural gas, liquefied natural gas, and natural gas liquids. Earlier in June, when a caller expressed their wish to sell COP shares for LLY shares, Cramer replied:

“I like your idea. I like your idea. I like your idea. I think Lily’s at a great level, and Conoco is not nearly as all the oils go to like 4 or 5% yield, this is only three and a half. I want you to sell the Conoco and buy the Lilly. I like that idea.”

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Disclosure: None. This article is originally published at Insider Monkey.