14 Stocks on Jim Cramer’s Radar

4. ConocoPhillips (NYSE:COP)

Number of Hedge Fund Holders: 70

ConocoPhillips (NYSE:COP)  is one of the 14 stocks on Jim Cramer’s radar. A caller mentioned that they have been thinking of selling some shares of ConocoPhillips (NYSE:COP) and buying Eli Lilly. In response, Cramer said:

“I like your idea. I like your idea. I like your idea. I think Lily’s at a great level, and Conoco is not nearly as all the oils go to like 4 or 5% yield, this is only three and a half. I want you to sell the Conoco and buy the Lilly. I like that idea.”

ConocoPhillips (NYSE:COP) is an energy company engaged in the exploration, production, transportation, and marketing of crude oil, natural gas, LNG, bitumen, and natural gas liquids. On May 22, Cramer made the following comments on the stock:

“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.”