Jim Cramer cautiously endorses Exxon Mobil due to dividends despite negative overall oil view.

From Yahoo Finance: 2025-06-30 12:01:00

Jim Cramer cautiously blesses Exxon Mobil due to dividends, despite his overall negative view on the oil business. The company, engaged in various energy sectors, returned $4.3 billion to shareholders in Q1 and announced a $0.99 per share dividend for Q2, with a 3.62% yield.

While Exxon Mobil shows potential, the focus shifts to AI stocks for greater upside potential and lower downside risk. Investors seeking undervalued AI stocks can explore opportunities beyond traditional energy sectors. Explore further insights on AI stock trends and investment strategies.

Read more: Jim Cramer Cautiously Blesses Exxon “Because of the Dividends”