It's Going To Make 'A Ton of Money': Why Jim Cramer Likes This Energy Stock

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he likes Pioneer Natural Resources Company (NYSE:PXD) as it is going to "make a ton of money."

Cramer recommended moving on from DigitalBridge Group, Inc. (NASDAQ:DBRG).

With steel prices moving lower, Cramer said he would rather recommend buying energy right now than going for Nucor Corporation (NYSE:NUE).

Check out our premarket coverage here.

Price Action: Shares of Nucor gained 4.7% to close at $111.06, while DigitalBridge shares declined 1.2% to $5.09 on Friday. Pioneer Natural Resources stock fell 0.1% to settle at $223.48 on Friday.

See Also: He Predicted Fall Of WeWork And Rivian, Now This Analyst Warns These 3 Stocks Are Set To Implode

Photo: Courtesy of Scott Beale on Flickr

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