We recently published a list of Jim Cramer Talked About These 13 Stocks. In this article, we are going to take a look at where ConocoPhillips (NYSE:COP)stands against other stocks that Jim Cramer discusses.
A caller inquired about ConocoPhillips (NYSE:COP) in light of the budget bill, lower oil prices, and tariffs. Here is what Cramer said in response:
“It’s actually the, I think, the best of the lot these days. I just don’t want to stick my head out and get it cut off at a time when I think that OPEC+ is going to do another big slug of oil… making oil go through the 60 level.”
An underground network of pipelines transporting oil through an expansive terrain.
ConocoPhillips (NYSE:COP) is involved in the production, transportation, and exploration of crude oil, bitumen, natural gas, liquefied natural gas, and natural gas liquids. Early on in April, when Cramer was asked about the stock, he remarked:
“I like it here. I would buy it… It’s inexpensive, yields three and a quarter. It’s one of the best run oils. You never really see this thing down like this… When you see the stock down 10, probably going to go down three or four more points, and then I would buy some. It’s exactly where you want to be and it’s a great call.”
Overall, COP ranks 7th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of COP as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than COP and that has 100x upside potential, check out our report about this cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.