Jim Cramer Says Its Hard for Exxon to “Get Any Traction”

Exxon Mobil Corporation (NYSE:XOM) is one of the stocks in focus in the game plan Jim Cramer shared. Cramer finished his game plan with the company’s stock, as he commented:

“Finally, Friday, we have, oh look what it is, right, Chevron and Exxon… Two laggards, that are linked to the price of crude, which means it’s very hard for them to get any traction, are Chevron and Exxon.”

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Exxon Mobil Corporation (NYSE:XOM) is an oil and natural gas exploration and production company that also manufactures fuels, petrochemicals, and specialty products. A caller inquired about the company during the June 26 episode, and Cramer replied:

“Okay, I’ll tell you how I feel about the oil business. I don’t like it, but I do like the dividends. Because of the dividends, I’m willing to bless them. But if they didn’t have good dividends, believe me, I wouldn’t go near the group because I think that the group is just not in good shape.”

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