Jim Cramer Discusses These 10 Stocks & DeepSeek’s Limitations

2. Chevron Corporation (NYSE:CVX)

Number of Hedge Fund Holders In Q3 2024: 63

Chevron Corporation (NYSE:CVX) is one of the largest oil companies in the world. The firm has a presence in 180 countries. Its shares have gained just 1% over the past twelve months after a roller coaster of performance in December and January. Chevron Corporation (NYSE:CVX)’s stock dipped by 8.8% in December after fresh challenges to its multi-billion dollar acquisition of Hess Corp surfaced. Then, the shares surged by 9.7% in January only to tumble by 4.6% after it missed analyst EPS estimates of $2.11 by posting $2.06. Here is what Cramer said:

“I was surprised. . . but I like Chevron.”

“Chevron was an okay quarter.”

“Chevron has returned so much cash flow. They got a really good dividend. They have got a good feel, in the old Soviet Union so to speak and it’s working. And I was out visiting their stuff in the Gulf of America and it was doing quite well.”

“Because I’ve spent a lot of time talking with Mike about this, Mike Wirth, CEO. Cause I think Chevron’s worth more than Exxon. I like the cash flow. I like the growth. The analysts just seem to put numbers up that are too high for them to meet, quarter after quarter! I, you know it’s almost like they have it in for Chevron by making it so that. . .”