Jim Cramer Nailed These 11 Stock Predictions

5. Sunoco LP (NYSE:SUN)

Number of Hedge Fund Investors: 3

In that older discussion, a caller expressed concern over how ConocoPhillips’ acquisition of Marathon Oil might impact other related companies like NuStar Energy L.P., which has known for its generous 9% dividend. NuStar was also acquired by Sunoco LP (NYSE:SUN) during that month. Cramer reassured the caller, saying:

“You know I like them. NS I like. My understanding is they’re separate — if I find otherwise, I’ll tell you. I think MPLX is a terrific situation and I don’t want to back away from it.”

Cramer’s cautious optimism around the dividend play held up well with a +6.86% gain.

Sunoco LP (NYSE:SUN) is a master limited partnership engaged in the wholesale distribution of motor fuels and operates a network of fuel stations and convenience stores across the U.S.