Jim Cramer Answered Questions About 13 Stocks: Eli Lilly, Meta, and More

10. Devon Energy Corporation (NYSE:DVN)

Devon Energy Corporation (NYSE:DVN) is one of the stocks Jim Cramer answered questions about. A caller mentioned that the stock looks undervalued due to the upcoming merger, and asked if they should sell, take a “schnitzel” approach, or hold the stock. Cramer replied:

I agree with you. Great natural gas portfolio. It’s not necessarily going to be linked to the international, but there’s going to be a shortage of natural gas. We all realize that now. They’re doing a good merger. I don’t, I hesitate to recommend any oil and gas after this big run, but if it comes in, I’m going to say yes.

Devon Energy Corporation (NYSE:DVN) explores, develops, and produces oil and natural gas. The company operates in several basins, including the Delaware Basin and the Eagle Ford. During the episode aired on May 12, 2025, a caller asked whether they should be “loading the truck” with the company’s stock, keeping in mind the valuation at the time, and Cramer responded:

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.

Since the above comment was aired, Devon Energy Corporation (NYSE:DVN) is up over 35%.