10 Stocks On Jim Cramer’s Mind As He Discussed A “Weird Number”

6. Halliburton Company (NYSE:HAL)

Number of Hedge Fund Holders In Q1 2025: 54

Halliburton Company (NYSE:HAL) is a mega oil and gas production equipment provider. The shares have lost 18% year-to-date, as, like its peer Schlumberger, the firm has yet to recover losses after President Trump’s April Liberation Day tariff announcements, which sent Halliburton Company (NYSE:HAL) down by 25%. In his earlier remarks about the firm, Cramer speculated that the stock could bottom at a 3.25% yield. The current yield is 2.99%. In this appearance, the CNBC TV host discussed Halliburton Company (NYSE:HAL) in the context of oil prices:

“But not as many as you would think. I mean, look, oil and gas, you would think that would be terrible with oil in the 60s, they’re doing pretty well. Well . .Halliburton [has had] a hard time. . . But then, out of nowhere, you get this LNG deal. And you say, wow, I mean there’s an industry that’s got customers for the rest of its duration.”

Here are Cramer’s earlier remarks about Halliburton Company (NYSE:HAL):

“No, I think Halliburton, look, it’s probably going to bottom at 3 and a quarter yield, but I can’t recommend it because it’s got, it’s domestic drilling, and oil’s come down so much in our country that I think that the president, as much as he went “drill, baby drill”, it’s not happening. It’s not happening. So I can’t encourage you there. I’m sorry, I feel terrible about that, but I can’t.”