Jim Cramer Discussed 9 Stocks for This Week’s Game Plan

4. Halliburton Company (NYSE:HAL)

Number of Hedge Fund Holders: 38

While Cramer expressed uncertainty about Halliburton Company’s (NYSE:HAL) upcoming earnings result, he highlighted Trump’s drilling goals.

“Wednesday we got some real firecrackers… Oil service kingpin, SLB, the old Schlumberger reported today and it was smashing. Now the pin action from that allowed competitor Halliburton to rally 2.2%, but the good numbers from SLB were largely from overseas, so the domestically oriented Halliburton won’t be able to put up that kind of surprise. The reason to buy HAL is because soon-to-be President Trump seems to want to drill everywhere, but playgrounds, although it’s too early to rule those out too.”

Halliburton (NYSE:HAL) provides a variety of products and services to the global energy industry, including solutions for production enhancement, cementing, and full drilling support.

As discussed in our article, Jim Cramer on Tesla and Other Stocks, before the company reported its third-quarter earnings in 2024, Cramer pointed out that Halliburton’s stock underperformed compared to SLB in the year.

He noted that it is because Halliburton (NYSE:HAL) is more reliant on the North American market, while international markets are currently performing better. While Cramer acknowledged that Halliburton continues to be a strong operator, he noted that its business mix is not well-suited for the present market conditions.