Jim Cramer’s Latest Lightning Round: 8 Stocks in Focus

5. Sempra (NYSE:SRE)

Number of Hedge Fund Holders: 34

Sempra (NYSE:SRE) was mentioned during the episode and here’s what Cramer had to say about the company:

“Well, tell you the truth… they did not do a good job. It was a bad quarter. It is very upsetting to me. I’ve spoken to Jeff Martin several times as CEO, but there were several things that were definite misses. It does deserve to trade lower. It yields almost 4%. I still can’t tell you to buy. We have to see another quarter because it was that jarring. I wish I didn’t have to say that, but Sempra did not deliver. That’s just plain and simple.”

Sempra (NYSE:SRE) is an energy infrastructure provider that delivers electric and natural gas services, manages electricity transmission and distribution, and focuses on the development of energy infrastructure. In February, discussing a few stocks that can hold their value amid tariffs, Cramer said:

“How about a sleeper stock? One that’s withstood the seller, Sempra. Sempra’s a growth utility with a decent yield and a lot of opportunity. CEO Jeff Martin, that, guest many times, can show you that this stock offered a better return than most of the traditional growth names. You know when this might be worth buying on weakness, I’m debating to put it in the Charitable Trust.”