California Resources Corporation (CRC) is highlighted as one of the Best Affordable Stocks to Buy According to Analysts. Analysts from Jefferies and UBS reiterated Buy ratings on the stock but lowered price targets. UBS analyst anticipates a stronger 2026 for the energy sector due to improved natural gas and oil outlooks.

CRC recently completed an all-stock merger with Berry Corporation (BRY), expanding its portfolio without using cash. The deal involved former Berry equity holders receiving approximately 5.6 million shares of CRC common stock, valued at $253 million. Management expects the combined entity to perform stronger in 2026.

California Resources Corporation (CRC) is an independent energy company focusing on oil and natural gas exploration primarily in California. While CRC shows investment potential, some AI stocks offer greater upside potential with less downside risk. An undervalued AI stock report is available for those interested in exploring further.

Read more at Yahoo Finance: Here’s What Wall Street Thinks About California Resources Corporation (CRC)