Jim Cramer Discusses These 10 Stocks & Comments On OpenAI’s Valuation

8. Exxon Mobil Corporation (NYSE:XOM)

Number of Hedge Fund Holders In Q3 2024: 86

Exxon Mobil Corporation (NYSE:XOM) is one of the largest oil companies in the world. Its shares are up by a modest 3.91% over the past year due to multiple factors such as low natural gas prices that plagued the American industry in 2024. The stock is flat this year as Exxon Mobil Corporation (NYSE:XOM) lost all gains made after its fourth-quarter earnings saw its gas and diesel earnings drop to a stunning $323 million from the year-ago figure of $3.2 billion. Exxon Mobil Corporation (NYSE:XOM)’s shares tumbled by 2.5% following the earnings. Cramer maintained his muted stance about the firm:

“I think that people feel that Exxon is, it’s kind of like they’ve got the rosy hue ever since . . . . It’s almost like they’re considered to be the fast moving darling that understands carbon capture.”

“[on how XOM had performed well over the last few years] No, I’m just surprised. I thought it would reverse, I said that I’m wrong but I know that you’re not going to get hurt in. But that’s no reason to buy the stock.”