5 Cheap Jim Cramer Stocks to Buy Now

Page 1 of 5

In this article, we will discuss the 5 cheap stocks to buy now according to Jim Cramer. If you want to explore similar stocks, you can go to 10 Cheap Jim Cramer Stocks to Buy Now.

5. Devon Energy Corporation (NYSE:DVN)

Number of Hedge Fund Holders: 55

PE Ratio (TTM) as of March 28: 5.33

Devon Energy Corporation (NYSE:DVN) is one of the best cheap stocks to buy according to Jim Cramer. As of March 28, the stock is trading at a PE multiple of 5x and is offering a forward dividend yield of 10.52%. Cramer recommended the stock in one of his lightning rounds.

On March 10, Mizuho analyst Nitin Kumar revised his price target on Devon Energy Corporation (NYSE:DVN) to $71 from $82 and maintained a Buy rating on the shares.

55 hedge funds disclosed having stakes in Devon Energy Corporation (NYSE:DVN) at the end of Q4 2022. The total value of these stakes amounted to $823.5 million. As of December 31, Yacktman Asset Management is the most prominent shareholder in the company and has a stake worth $172.5 million.

Follow Devon Energy Corp (NYSE:DVN)

Page 1 of 5