Jim Cramer Says 'Keep Owning' This Energy Stock, Abbott Laboratories 'Legal Stuff' Is Behind Them

On CNBC's “Mad Money Lightning Round,” Jim Cramer said Occidental Petroleum (NYSE:OXY) is one of his “least favorite oils.”

On Monday, UBS analyst Josh Silverstein maintained Occidental Petroleum with a Neutral and lowered the price target from $58 to $51, while Wells Fargo analyst Roger Read maintained the stock with an Equal-Weight and cut the price target from $56 to $53.

“I think it's a very good situation,” Cramer said when asked about The Cooper Companies, Inc. (NYSE:COO).

See Also: Jim Cramer Recommends Buying Ethereum Or Bitcoin Instead Of This Stock: ‘Let’s Not Fool Around

Archer Aviation Inc. (NYSE:ACHR) is the “ultimate speculative, and as long as you know that, then I'm absolutely fine with it,” Cramer said.

Cramer recommended to keep owning Energy Transfer LP (NYSE:ET) and also recommended buying more in case it goes down.

The Mad Money host said he likes Abbott Laboratories (NYSE:ABT). “I think that their legal stuff is really largely behind them,” he added.

When asked about Kinder Morgan, Inc. (NYSE:KMI), he said, “It's a good situation.”

As for Advanced Drainage Systems, Inc. (NYSE:WMS), the company “missed the numbers by a mile,” Cramer said. “And when I see that, that often means that the next numbers' going to be missed too. So let's be careful there.”

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