Jim Cramer on Halliburton: “It’s Been a Good Stock Even in a Bad Oil Market”

Halliburton Company (NYSE:HAL) was among the stocks on Jim Cramer’s Mad Money radar as he discussed the recent sell-off in AI-related stocks. When a caller asked about the stock during the lightning round, Cramer remarked:

I like Halliburton very much. I think that it’s the right, it’s been a good stock even in a bad oil market. So it’s been a great stock in a good oil market, and I continue to think it’s very inexpensive.

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Halliburton Company (NYSE:HAL) provides equipment, technologies, and services used in oil and gas exploration, drilling, completion, and production. On April 11, 2025, responding to a caller’s query about the stock, Cramer said:

No, I think Halliburton, look, it’s probably going to bottom at 3 and a quarter yield, but I can’t recommend it because it’s got, it’s domestic drilling, and oil’s come down so much in our country that I think that the president, as much as he went “drill, baby drill”, it’s not happening. It’s not happening. So I can’t encourage you there. I’m sorry, I feel terrible about that, but I can’t.

It should be noted that the stock has gone up over 91% since the above comment was aired.

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