Jim Cramer on Coterra: “The Oil Business is Not Doing Well for Them.”

Coterra Energy Inc. (NYSE:CTRA) is one of the stocks Jim Cramer highlighted as potential winners from the US-EU deal. Cramer mentioned the stock during the episode and noted that it is “out of favor,” as he commented:

“Now, the other natural gas producer I’m going to give you is a little more, let’s say, I would say out of favor, how about that? It’s Coterra Energy, currently the only energy sector stock in my Charitable Trust. Honestly, I like Coterra more for its optionality than for its natural gas exposure specifically. They have the ability to emphasize either crude oil or gas production depending on market conditions. But if this trade deal with Europe does have the effect of sustainably higher natural gas prices in the United States, then Coterra can easily lean into that side of the business. But it doesn’t hurt that stock sports a bountiful 3.7% dividend yield, but it does bother me right now. The oil business is not doing well for them.”

Jim Cramer on Coterra: "The Oil Business is Not Doing Well for Them."

charlie-hang-Hf1Wk-T4Lxo-unsplash

Coterra (NYSE:CTRA) is an oil and gas company focused on the exploration, development, and production of oil, natural gas, and natural gas liquids. The company also operates gathering and disposal systems and sells natural gas to several commercial and industrial buyers.

While we acknowledge the risk and potential of CTRA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CTRA and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.