Jim Cramer Recommends Other Companies Instead of BP p.l.c.

BP p.l.c. (NYSE:BP) was among the stocks Jim Cramer discussed during Mad Money, as he highlighted a difficult backdrop for stocks. A caller sought Cramer’s opinion of the stock, and he replied:

If you want to own an oil company, I think it’s fine. I prefer Chevron on the large, and I prefer EQT on the nat-gas side.

Photo by Adam Nowakowski on Unsplash

BP p.l.c. (NYSE:BP) is an energy company that produces, refines, trades, and markets oil and gas. In addition, the company develops low-carbon energy solutions. During the April 6 episode, a caller asked Cramer if it was time to sell their position and take profits in the stock. The Mad Money host responded:

I think it is actually. I think you’ve had a really, really good move. It’s been a parabolic move. I say kaching kaching.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years 

Disclosure: None. Follow Insider Monkey on Google News.