Jim Cramer Recommends EQT and Devon Over Transocean

Transocean Ltd. (NYSE:RIG) was among the stocks Jim Cramer highlighted during Mad Money, as he noted the rotation into defensive sectors. When a caller asked if they should “add more” RIG shares, Cramer stated:

No, no, no. I’ll tell you, I do like EQT here very much, natural gas, and the Devon story actually makes me very excited.

Transocean Ltd. (NYSE:RIG) focuses on offshore oil and gas drilling and provides high-tech rigs and specialized crews to operate in deepwater and harsh environments. A caller asked for Cramer’s opinion during the February 27 episode, and he replied:

Alright… If it were a $60 stock instead of 6, no one would touch it. The fact is that it can go higher, but I do know it’s got a lot of debt. It’s not my favorite. My favorite is Halliburton, and my second favorite is SLB.

While we acknowledge the risk and potential of RIG 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 RIG and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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