Jim Cramer Says “We Should be in ConocoPhillips”

ConocoPhillips (NYSE:COP) is one of the stocks that Jim Cramer shed light on. When a caller asked about the company during the lightning round, Cramer commented:

“All right. Buy COP. Let me tell you, I just told Jeff Marks, my partner for the club, that we’re in the wrong one now. Coterra is not delivering. We should be in ConocoPhillips. I just said it today. I’m not going to say it behind… I tell it to you, I say it to him. That’s how I play it.”

Jim Cramer Says "We Should be in ConocoPhillips"

Pixabay/Public Domain

ConocoPhillips (NYSE:COP) engages in the exploration, production, and transportation of crude oil, bitumen, natural gas, liquefied natural gas, and natural gas liquids. Earlier in June, when a caller expressed their wish to sell COP shares for LLY shares, Cramer replied:

“I like your idea. I like your idea. I like your idea. I think Lily’s at a great level, and Conoco is not nearly as all the oils go to like 4 or 5% yield, this is only three and a half. I want you to sell the Conoco and buy the Lilly. I like that idea.”

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

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