10 Best Jim Cramer Stocks to Buy According to Analysts

4. LandBridge Company LLC (NYSE:LB)

Average Price Target Upside: 21.52%

Number of Hedge Fund Holders: 12

Talking about LandBridge Company LLC (NYSE:LB), Cramer stated, “I’ll tell you that’s a winner. I would just hold onto it.”

LandBridge Company (NYSE:LB) engages in the ownership and management of land and resources to support oil and natural gas development, primarily within the Delaware Basin. The stock has a consensus Buy rating from 7 analysts and its average price target of $79.50 implies a 21.52% upside, as of December 9.

In the third quarter, the company acquired 1,280 surface acres in Winkler County, Texas, and entered into a purchase agreement for an additional 5,800 acres in Lea County, New Mexico. These acquisitions bring the company’s total surface ownership to around 227,000 acres. Further adding to its land portfolio, the company secured a lease development agreement for approximately 2,000 acres of land in Reeves County, Texas. This land is designated for the development of a data center and related facilities.

LandBridge Company (NYSE:LB) made a significant acquisition in the Southern Delaware Basin, purchasing 46,000 acres, known as the Wolf Bone Ranch, for $245 million from a subsidiary of VTX Energy Partners, LLC. This acquisition, which includes plans for additional water infrastructure and a potential water distribution hub for New Mexico, is expected to drive revenue growth.

Along with other acquisitions, the company expanded its land holdings by approximately 53,080 acres in the fourth quarter of 2024. These moves are expected to contribute to future revenue growth, with a projected 2025 EBITDA multiple of 7.6x.