Jim Cramer’s Thoughts on These 9 Stocks

5. Schlumberger Limited (NYSE:SLB)

Number of Hedge Fund Holders: 65

Schlumberger Limited (NYSE:SLB) was mentioned during the episode and here’s what Cramer had to say:

“You know what? Look, it’s the best house in a bad neighborhood and we don’t want to be in bad neighborhoods and I’m so sorry, really great company, but I don’t want to recommend the stock.”

Schlumberger (NYSE:SLB), a player in carbon management and energy systems integration, tackles multiple aspects of the global energy sector. While Cramer recently advised to stay away from the company, that was not the case in October 2024 when he said:

“SLB has not gone up nearly as much as I would’ve expected. Given the fact that oil’s up, I would buy the stock right here. It is the best of breed.”

Since then, Schlumberger’s (NYSE:SLB) stock went down over 10%.