Was Jim Cramer’s Call Right on These 10 Stocks?

3. Exxon Mobil Corporation (NYSE:XOM)

Number of Hedge Fund Holders: 104

Exxon Mobil Corporation (NYSE:XOM), one of the world’s largest oil companies, was brought up by a caller during the show. Cramer noted its strength even after a weak earnings report, but advised caution due to the stock trading at its highs at the time:

“I saw the stock up on a bad day even though they admitted last night that they missed the numbers pretty big. What does that tell you about what can happen here? Now it is at a high. We don’t buy at a high; we wait for a 3 to 5 to 7% pullback. We buy at those levels. But you are a winner and you’ve recommended a winner.”

Exxon Mobil Corporation (NYSE:XOM) has been very underwhelming, slipping by 1.21% since the episode.

This underwhelming performance has also forced Cramer to turn bearish on the stock. Here’s what he said on the 6^th of February:

“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.”