Jim Cramer’s 5 Stock Calls, Including Exxon, Lockheed and Upcoming CPI Data

In this article, we will look at Jim Cramer’s 5 Stock Calls, Including Exxon, Lockheed and Upcoming CPI Data. Please visit Jim Cramer’s 14 Stock Calls, Including Exxon, Lockheed and Upcoming CPI Data, if you’d like to see the extended list and methodology behind it.

5. Exxon Mobil Corporation (NYSE:XOM)

Exxon Mobil Corporation (NYSE:XOM) is among Jim Cramer’s latest stock calls as he covered Exxon, Lockheed, and others. Answering a caller’s query about the stock, Cramer said:

Well, look, I think, you know, first of all, Chevron I like more than Exxon. I think they’re more forward-looking. So I would not, I don’t want you to cash out of Exxon for Chevron, but I’m just telling everybody else that’s the case. I think that, I’m going to speak as a portfolio manager myself for my Charitable Trust. I sold my oil, and it was a mistake, and it was clearly a mistake because we forget how important oil is to our country. We spoke to ONEOK today, just shows you the value of it. I think you should have one.

I’ve been trying to go back and forth with Jeff Marks about what to do. I would encourage you to stay in Exxon if you, if someone’s watching and listening and they don’t own one, go for Chevron. These are known as E&P plays, and I think you just own it, and take it from me as someone who wishes that he had not sold his one oil. It’s really good to have one. To be up 34% year to date is great… Just hold on. And new people who are thinking, wow, Jim really likes to own an oil, the oil that I like to own is Chevron.

Exxon Mobil Corporation (NYSE:XOM) is an oil and natural gas exploration and production company that also manufactures fuels, petrochemicals, and specialty products.