Jim Cramer Looked At These 23 Stocks Recently

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1. Chevron Corporation (NYSE:CVX)

Number of Hedge Fund Holders: 81

Chevron Corporation (NYSE:CVX) was mentioned during the episode, and here’s what Mad Money’s host had to say:

“Let’s start with the number one performing group and this is a true oddity. Let’s talk about the energy sector.… Number one, top of the heap and I wanna be a little subjective here and dip to the third-best performer in the oil and gas space…

And the third is Chevron, long my favorite, which is up 15% to start this year after some really kind of longer period of underperformance. And some of that success is because of the company’s hefty dividend that yields north of 4%.”

Chevron Corporation (NYSE:CVX) is involved in the exploration, production, transportation, and refining of oil and gas. The company also manufactures renewable fuels and petrochemicals.

While we acknowledge the potential of Chevron Corporation (NYSE:CVX) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than CVX but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires

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