Sempra (NYSE:SRE) is one of the stocks Jim Cramer recently talked about. Answering a caller’s query during the lightning round, Cramer remarked:
“Jeff Martin pulled it off. You know, he missed the quarter real bad, and I was worried. I said, Jeff, you know, I don’t know. I was going to put it in the book. I felt like wow… It came right back. He’s done a great job.”
Sempra (NYSE:SRE) develops and operates energy infrastructure, providing natural gas and electric services through regulated utilities and transmission networks. During the May 13 episode, Cramer showed disappointment with the stock, as he said:
“Sempra, diversified energy company that we used to like very much for its LNG business, has also become a bit of a disappointment. The LNG business is fine, but the regulated gas utilities in California is struggling.”
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Disclosure: None. This article is originally published at Insider Monkey.