Reported about 10 hours ago
Jim Cramer expressed his reservations about investing in Exxon Mobil Corporation (XOM), recommending to stay away from the stock amid challenging economic conditions and a declining oil market. During his show, he cautioned investors about the upcoming earnings reports and the potential impact of tariffs on the economy, while highlighting that oil prices have affected expectations for Exxon and rival Chevron. Cramer suggests there are more lucrative opportunities in other stocks, particularly in the AI sector.
Source: YAHOO