Jim Cramer Talked About These 13 Stocks

7. ConocoPhillips (NYSE:COP)

Number of Hedge Fund Holders: 86

A caller inquired about ConocoPhillips (NYSE:COP) in light of the budget bill, lower oil prices, and tariffs. Here is what Cramer said in response:

“It’s actually the, I think, the best of the lot these days. I just don’t want to stick my head out and get it cut off at a time when I think that OPEC+ is going to do another big slug of oil… making oil go through the 60 level.”

ConocoPhillips (NYSE:COP) is involved in the production, transportation, and exploration of crude oil, bitumen, natural gas, liquefied natural gas, and natural gas liquids. Early on in April, when Cramer was asked about the stock, he remarked:

“I like it here. I would buy it… It’s inexpensive, yields three and a quarter. It’s one of the best run oils. You never really see this thing down like this… When you see the stock down 10, probably going to go down three or four more points, and then I would buy some. It’s exactly where you want to be and it’s a great call.”