Jim Cramer on Sable Offshore: "Get Out of That"

Sable Offshore Corp. (NYSE:SOC) is one of the stocks Jim Cramer shared his take on. When a caller inquired about the stock and mentioned that they are worried about California regulations, Cramer commented:

Not a great company, not a great oil services, not a great oil company. We’re going to have to stay away from that. We’re going to take a, we’re going to do a little kaching-kaching. Get out of that.

Photo by Artem Podrez on Pexels Sable Offshore Corp. (NYSE:SOC) is a Texas-based energy company that manages oil and gas platforms, federal leases, and subsea pipelines. The company manages the extraction and transport of crude oil and natural gas from offshore sites to onshore processing facilities. While we acknowledge the potential of SOC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.