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Jim Cramer Gives His Opinion On Stocks In Energy Sector

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Jim Cramer Gives His Opinion On Stocks In Energy Sector

On CNBC's Mad Money, Jim Cramer said that Marathon Oil Corporation (NYSE: MRO) is not among his favorite stocks in the energy space.

Cramer is a buyer of Schlumberger Limited (NYSE: SLB), Magellan Midstream Partners, L.P. (NYSE: MMP) and Apache Corporation (NYSE: APA). He advised a viewer to hold these stocks if they are a part of a big diversified portfolio. If they are a part of a portfolio of 10 stocks, he would take some profits in Schlumberger.

Kinder Morgan Inc (NYSE: KMI) is not going to increase its dividend in the near term, but it is a good stock in the current environment, thinks Cramer. He added that he would rather buy Magellan Midstream Partners, but after it does a secondary offering.

 

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