Cramer’s lightning round: I prefer Pioneer Natural Resources over Marathon Oil

Cramer’s lightning round: I prefer Pioneer Natural Resources over Marathon Oil


Marathon Oil: “Marathon Oil is good, but why not own one of these with a giant dividend? How about Pioneer? Pioneer has the largest dividend in the S&P, and that’s my one. That’s the thing I would do. [CEO] Scott Sheffield know what he’s doing. He’s terrific.”

Skyworks Solutions: “You know what, we own Qualcomm for the Charitable Trust with the CNBC Investing Club. I’ve got to tell you, I think this group right now, it is so low, that if there is any good news out of China, [it could be] a coiled spring. But we need some good news about Covid, and right now, we just don’t see any.”

Lion Electric: “There were many couples that we liked for a long time until the Fed changed its strategies, and then when the Fed changed strategies, if they were losing money, they were no longer good. And right now, LEV is one of those that is no longer good. I’m sorry.”

Disclosure: Cramer’s Charitable Trust owns shares of QCOM and PXD.

Cramer's lightning round: I prefer Pioneer Natural Resources over Marathon Oil

Jim Cramer’s Guide to Investing

Click here to download Jim Cramer’s Guide to Investing at no cost to help you build long-term wealth and invest smarter.



Source

Flutter tops second-quarter earnings expectations, raises full-year guidance
Business

Flutter tops second-quarter earnings expectations, raises full-year guidance

Online sports betting giant Flutter reported second-quarter earnings that beat Wall Street expectations Thursday. The company reported adjusted earnings of $2.95 per share versus an estimated $2.08, according to a survey of analysts by LSEG. Revenue came in slightly higher than expectations at $4.19 billion against consensus expectations of $4.13 billion. Flutter owns the dominant […]

Read More
Peloton posts surprise profit, announces yet another round of layoffs impacting 6% of staff
Business

Peloton posts surprise profit, announces yet another round of layoffs impacting 6% of staff

Clothing inside a Peloton store in Palo Alto, California, US, on Monday, Aug. 5, 2024. David Paul Morris | Bloomberg | Getty Images Peloton posted a surprise profit for its fiscal fourth quarter on Thursday and outlined its strategy to return to growth under new CEO Peter Stern. Shares gained 6% in early trading. The connected […]

Read More
Craveworthy Brands becomes managing partner of Gregorys Coffee
Business

Craveworthy Brands becomes managing partner of Gregorys Coffee

Gregorys Coffee was founded in 2006 and has more than 50 locations. Source: Gregorys Coffee Craveworthy Brands is now investor and managing partner of Gregorys Coffee, a New York City-based coffee chain with dreams of a nationwide footprint. The two companies announced the deal on Thursday. Financial terms were not disclosed. Craveworthy Brands, a fast-growing […]

Read More