Jim Cramer on Occidental Petroleum: “You Don’t Want to Be in It”

Core Viewpoint - Jim Cramer advises against investing in Occidental Petroleum Corporation (NYSE:OXY), labeling it as a subpar oil company with limited growth potential, despite its ownership by Berkshire Hathaway [1]. Company Overview - Occidental Petroleum Corporation engages in the exploration and production of oil, natural gas, and natural gas liquids (NGLs), in addition to operating chemical manufacturing and midstream marketing businesses [1]. Investment Sentiment - Cramer expresses skepticism about the future performance of OXY, indicating that he does not foresee the company receiving any significant bids or an increase in oil prices [1]. - The article suggests that while OXY has potential, there are AI stocks that present greater upside potential and lower downside risk, indicating a shift in investment focus [1].