Jim Cramer on Chevron: "It's Just a Hold"

Chevron Corporation (NYSE:CVX) is one of the stocks Jim Cramer shared his opinions on. During the episode, a caller inquired if the stock is a buy, sell, or hold, and Cramer remarked:

“It’s just a, it’s just a hold. The reason I say that even though I think that Mike Wirth’s doing a great job as CEO, is that I’m not a, I don’t, I’m not a believer in the energy stocks. I actually sold the only energy stock from my Charitable Trust, not that long ago, because I just don’t think that they have the kind of growth that I want out of owning a stock. We like growth stocks here. We have a predilection for it because that’s how big money is made.”

Chevron Corporation (NYSE:CVX) engages in oil and gas exploration, production, and liquefied natural gas operations while also refining, marketing, and transporting petroleum products. The company further develops renewable fuels, petrochemicals, plastics, and additives through its integrated energy and chemical businesses.

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