Jim Cramer Suggests a Caller Not to Sell Venture Global (VG) Shares

Venture Global, Inc. (NYSE:VG) was among Jim Cramer’s stock calls, as he discussed the rising market speculation. When a caller mentioned that they are considering selling their VG shares and buying BKV shares, Cramer said:

Oh, jeez, I like Venture Global. I think Venture Global could, you know, I didn’t like it initially, but it’s come down. It’s, look, the world is going to be a changed place. Venture Global has the LNG, the carriers. I’m saying don’t make that move.

Stock market data. Photo by Jakub Zerdzicki on Pexels

Venture Global, Inc. (NYSE:VG) develops and operates LNG facilities and handles natural gas liquefaction, transport, shipping, regasification, and sales. Cramer was similarly bullish on the stock when a caller asked about VG on March 27. He said:

Yeah, it’s breaking out. I think it can go much higher, probably goes to $25. This is precisely the kind of stock that you need in this environment. It’s tough to bite the bullet and say to buy it after the stock has been all the way down to 5, 6. But you know, we don’t care where it’s coming from. We care where it’s going to. And the answer is that stock is going higher.

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