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Devon Energy Corporation DVN: Jim Cramer Holds Off Investing Due to Weak Oil Market

December 26, 2024
According to Jim Cramer, host of CNBC's Mad Money, he is holding off on investing in Devon Energy Corporation (DVN) at the moment due to the weak oil market. Despite the company's potential, Cramer believes that it is not the right time to buy DVN stocks. The energy sector, including Devon Energy, has been underperforming recently, and Cramer advises seeking professional advice from Stocks Prognosis before making any investment decisions.

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Investor opinions & comments:

I agree with Jim Cramer's decision to hold off on investing in DVN for now. The weak oil market does not make it a favorable time to buy stocks
— from LauraAnderson at 12-29-2024 04:33
I'm glad Jim Cramer is cautious about investing in DVN. It's always better to wait for the right opportunity in a volatile market like oil
— from CashCasey at 12-29-2024 03:01
I respect Jim Cramer's opinion and his decision to hold off on investing in DVN. It shows his prudence and consideration of market conditions
— from ProfitPiper at 12-28-2024 17:00
I understand why Jim Cramer is hesitant to invest in DVN. It's important to assess the current market conditions before making any investment decisions
— from NicholasEdwards at 12-28-2024 14:12
I trust Jim Cramer's expertise when it comes to the stock market. If he believes it's not the right time to buy DVN, it's wise to wait
— from CashKendra at 12-28-2024 07:23
I trust Jim Cramer's judgment. If he advises seeking professional advice from Stocks Prognosis, it's worth considering before making any investment choices
— from AndrewRobinson at 12-27-2024 23:58
I think Jim Cramer's decision is sensible. It's important to be patient and wait for a more opportune time to invest in DVN
— from GrowthGreg at 12-27-2024 19:14
I'm not convinced that the weak oil market should deter investors from DVN. There could be potential opportunities for growth in the energy sector
— from MadisonReyes at 12-27-2024 06:00
I completely agree with Jim Cramer's decision. The weak oil market makes it risky to invest in DVN right now. It's better to be cautious
— from MoneyMonique at 12-27-2024 00:38
I'm skeptical about Jim Cramer's reservations about DVN. It might be worth considering the company's potential in the long run, despite the weak oil market
— from MarketMikayla at 12-26-2024 23:16
Jim Cramer's advice is always valuable. It's important to consider the current state of the oil market before making any investment decisions
— from WealthyWyatt at 12-26-2024 11:23
I'm not sure if Jim Cramer's advice is always reliable. It would be wise to do further research and get different opinions before making any investment decisions
— from SarahAllen at 12-26-2024 08:59
I appreciate Jim Cramer's cautionary approach. It's better to wait for more favorable market conditions and seek professional advice before investing
— from InvestorSara at 12-26-2024 05:17
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Other news for DVN

DVNJune 11, 2025DEVON ENERGY CORPORATION Hits QuantWave Price Target with a 12.57% Profit  ~1 min.

DEVON ENERGY CORPORATION (NYSE: DVN) has successfully reached the price target forecasted by QuantWave, resulting in a profit of 12.57%....

DVNMay 13, 2025DEVON ENERGY CORPORATION Hits Price Target Forecast with 11.99% Profit - QuantWave Analysis  ~1 min.

In recent news, DEVON ENERGY CORPORATION has successfully reached the price target forecasted by QuantWave, generating a profit of 11.99%. The forecast signal was issued on 2025-05-05, with a price of 30....

DVNMay 12, 2025DEVON ENERGY CORPORATION Stock Hits QuantWave Forecast Target with 14.47% Profit  ~1 min.

DEVON ENERGY CORPORATION's stock recently reached the price target forecast set by QuantWave on April 4, 2025. The forecast signaled a long position at a price of 29.11 $....

DVNApril 7, 2025DEVON ENERGY CORPORATION Hits Price Target Forecast with 20.95% Profit  ~1 min.

DEVON ENERGY CORPORATION has successfully reached the price target forecast set by QuantWave, resulting in a profit of 20.95%. The forecast signal was issued on January 23, 2025, with a price of 36.19 $....

DVNApril 4, 2025DEVON ENERGY CORPORATION Stock Hits Price Target Forecast with 23.42% Profit  ~1 min.

DEVON ENERGY CORPORATION (DVN) recently achieved the price target forecast set by QuantWave, resulting in a significant profit of 23.42%....



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