Cramer Endorses Sempra Amid LNG Expansion and Major Equity Deal

Reported about 13 hours ago

Jim Cramer has shown support for Sempra (NYSE:SRE), highlighting its recent final investment decision for Port Arthur LNG Phase 2, which will add significant capacity, and its agreement to sell a 45% stake in Sempra Infrastructure Partners for around $10 billion. Despite concerns about low yields, Cramer remains bullish on the stock, emphasizing the company's strong institutional backing and growth potential in the energy sector.

Source: YAHOO

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