Devon Energy Corporation DVN: Jim Cramer Holds Off Investing Due to Weak Oil Market
Published on 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.
Investor opinions & comments
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LauraAnderson
December 29, 2024 at 04:33
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
CashCasey
December 29, 2024 at 03:01
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
ProfitPiper
December 28, 2024 at 17:00
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
NicholasEdwards
December 28, 2024 at 14:12
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
CashKendra
December 28, 2024 at 07:23
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
AndrewRobinson
December 27, 2024 at 23:58
I trust Jim Cramer's judgment. If he advises seeking professional advice from Stocks Prognosis, it's worth considering before making any investment choices
GrowthGreg
December 27, 2024 at 19:14
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
MadisonReyes
December 27, 2024 at 06:00
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
MoneyMonique
December 27, 2024 at 00:38
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
MarketMikayla
December 26, 2024 at 23:16
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
WealthyWyatt
December 26, 2024 at 11:23
Jim Cramer's advice is always valuable. It's important to consider the current state of the oil market before making any investment decisions
SarahAllen
December 26, 2024 at 08:59
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
InvestorSara
December 26, 2024 at 05:17
I appreciate Jim Cramer's cautionary approach. It's better to wait for more favorable market conditions and seek professional advice before investing