We recently published a list of Jim Cramer Looked At These 7 Stocks Recently. In this article, we are going to take a look at where Enterprise Products Partners L.P. (NYSE:EPD) stands against other stocks that Jim Cramer recently looked at.
Jim Cramer, host of Mad Money, recently shared his perspective on a few oil service stocks and the impact of President Donald Trump’s pro-drilling agenda. While Trump has rolled out extensive plans aimed at boosting the oil and gas industry, Cramer said that oil service stocks might not see immediate gains as a result.
“The whole oil and gas industry loves a ‘drill, baby, drill’ White House, but doesn’t automatically take up the oil service stocks, or the producers for that matter. After listening to what SLB and HAL had to say over the past week, considering the macro environment and the new geopolitical factors, I think their stocks can work over time, just perhaps not necessarily right now.”
READ ALSO: Jim Cramer Recently Shed Light on These 9 Stocks and 8 Stocks on Jim Cramer’s Radar
Cramer further elaborated that President Trump’s public statements often feel like a non-stop “lightning round” of buys and sells. Wall Street, he said, enjoys the energy and excitement that comes with Trump’s rapid-fire ideas, even if they don’t always lead to actionable investment opportunities.
“If you’re a trader, Trump’s a dream come true. He generates a huge number of catalysts every time he talks. I don’t think most people should trade too hard unless you do it professionally, but this is heaven on earth for them.”
Cramer also pointed to historical examples, specifically drawing a comparison to President Ronald Reagan’s time in office. He recalled that Reagan’s vision of a 600-ship Navy led to significant profits for defense contractors. However, Cramer noted an important difference between Reagan’s and Trump’s approach: while Reagan’s statements were more measured, Trump’s style is fast-paced and unpredictable. Cramer sees this rapid-fire communication as both a challenge and an opportunity for market participants.
“I think we have to expect that President Trump will say something every day that gets a ton of coverage… We need to monitor these statements, but, look, we can’t expect all of them to generate actionable investing ideas, even if they do produce bullish animal spirits that boost the market.”
Our Methodology
For this article, we compiled a list of 7 stocks that were discussed by Jim Cramer during the recent episode of Mad Money on January 23. We listed the stocks in ascending order of their hedge fund sentiment as of the third quarter, which was taken from Insider Monkey’s database of 900 hedge funds.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).
Aerial view of a refinery tower surrounded by the sprawling landscape of pipelines in an oil & gas midstream facility.
Enterprise Products Partners L.P. (NYSE:EPD)
Number of Hedge Fund Holders: 25
As Cramer gushed over Enterprise Products Partners L.P. (NYSE:EPD), he noted the stock’s yield and it being cheap.
“Oh my God, it’s my absolute, absolute favorite of the group. I think you just gotta, just stand there and buy it. It’s cheap. It’s got a good yield and its business is fabulous. Thank you Rusty Braziel for pointing that one out to me a long time ago.”
Enterprise Products Partners (NYSE:EPD) offers midstream energy services, including the transportation, storage, and processing of natural gas, crude oil, NGLs, petrochemicals, and refined products. Over the past 5 years, the stock has gone up more than 28% and it has a yield of nearly 6%. Cramer has been a fan of EPD for quite some time. Back in September 2023, he shared his enthusiasm for the company, describing it as his favorite and emphasizing its yield. He also praised it as an incredible pipeline company, expressing that he thought it was terrific.
Then in November 2024, he was asked about Enterprise Products Partners (NYSE:EPD) again and he said, “I like this it just spiked, it just spiked but I do like EPD. I’ve liked it for a very long time I would double down right here.”
Overall, EPD ranks 6th on our list of stocks that stocks that Jim Cramer recently looked at. While we acknowledge the potential of EPD 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 time frame. If you are looking for an AI stock that is more promising than EPD but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
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