Jim Cramer Warned About Market Manipulation & Discussed These 22 Stocks

14. ConocoPhillips (NYSE:COP)

Number of Hedge Fund Holdings in Q1 2026: 74

ConocoPhillips (NYSE:COP) is an oil and gas exploration and production company with operations all over the world. Its shares are up by 33% over the past year and by 17% year-to-date. Truist adjusted ConocoPhillips (NYSE:COP)’s share price target to $128 from $127 and kept a Hold rating on the stock on May 1st. The bank remarked that the oil company had a strong LNG portfolio, a deep resource base and other catalysts acting in its favor. Cramer was also quite optimistic about ConocoPhillips (NYSE:COP) as he recommended buying the firm:

“Look if you have to buy the oil stocks, it’s Conoco [inaudible] Oxy’s second. If you want growth, you still do Diamond. And if you want natural gas, [inaudible] Devon. And I like natural gas a lot. I think that EQT is really [inaudible]. EQT is really good because it is the data center natural gas. And we want anything data center.”

Diamond Hill Capital Large Cap Strategy discussed ConocoPhillips (NYSE:COP) in its Q1 2026 investor letter:

“Exploration and production companies ConocoPhillips (NYSE:COP) and Diamondback Energy saw shares rise as the sharp rise in oil prices drove a broad rally across US-based oil producers. As geopolitical tensions in the Middle East tightened the supply outlook, investors increasingly rewarded US producers for their leverage to higher commodity prices, potential for outsized cash generation and capacity for strong capital returns.”