13 Stocks on Jim Cramer’s Radar Recently

7. Devon Energy Corporation (NYSE:DVN)

Number of Hedge Fund Holders: 55

A caller asked if they should be “loading the truck” with Devon Energy Corporation (NYSE:DVN), given its current valuation. Here’s what Cramer had to say:

“No, you can’t. I mean, Devon has been such a poor performer. I can’t have you do that. It’s really been a nightmare, frankly. Maybe it’s starting to bottom, but oh my, has it been bad.”

Devon Energy (NYSE:DVN) is an independent energy firm involved in exploring, developing, and producing oil, natural gas, and natural gas liquids across the U.S. Back in February, Cramer said:

“Devon has run too much, I gotta tell you. I watched it go up. We saw the quarter, it’s terrific. We got Coterra on Monday. That’s great. And if EQT comes down, I like that too better than Devon. Devon is not my stock of choice at this time.”