From Yahoo Finance: 2025-04-16 22:04:00

Jim Cramer recently discussed 12 stocks, including Occidental Petroleum (OXY), amidst growing US-China trade tensions. Cramer warned of potential price hikes and shortages due to the conflict. He emphasized the need for alternative manufacturing solutions to combat China’s dominance in the market. Inflationary pressures and economic uncertainty are mounting, posing risks to the broader economy.

Despite Warren Buffet’s stake in Occidental Petroleum (OXY), Cramer dismissed it as a poor investment choice, ranking it among the worst in the oil industry. OXY focuses on oil and gas reserves, but Cramer highlighted the challenges facing the company in a tough business environment. While OXY ranks 3rd on Cramer’s list, he believes AI stocks offer better returns in the current climate.

Cramer’s skepticism towards OXY is rooted in the belief that AI stocks hold more promise for investors. While OXY may have potential, Cramer sees greater opportunities in the AI sector, with some stocks already showing significant gains in 2025. For investors seeking alternatives to OXY, Cramer suggests exploring undervalued AI stocks that trade at less than 5 times their earnings for potentially higher returns.



Read more at Yahoo Finance: Jim Cramer Dismisses Occidental Petroleum (OXY) Despite Buffett’s Stake