Jim Cramer’s Thoughts on These 9 Stocks

2. Exxon Mobil Corporation (NYSE:XOM)

Number of Hedge Fund Holders: 86

A caller asked if Exxon Mobil Corporation (NYSE:XOM) was still the greatest of all time but Cramer recommended being in Chevron instead.

“You know, look, frankly, I’d rather see you in Chevron if you could do that… but I, no, we wanna stay away from Exxon… It’s just, it’s, it’s not where the action is.”

Exxon (NYSE:XOM) engages in the exploration and extraction of crude oil and natural gas. In September 2024, Cramer expressed disappointment with the stock as he said:

“Devon is actually cheaper than Exxon Mobil Corporation. Exxon is expensive, with only a 3.4% yield. It’s not much better than Chevron, which yields 4.7%. It’s not a good time to own oil. Demand was never there, and prices are finally falling.”

It is worth noting that over the past year, Exxon (NYSE:XOM) has risen over 7% while Chevron stock has gained less than 1%.