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Jim Cramer Says Buy General Motors, Sell Exxon Mobil

August 21, 2023
in Trade Tube
Reading Time: 1 min read
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TheStreet’s Jim Cramer discusses 2 big-cap stocks going different ways. Cramer says Exxon Mobil reiterates its poor production growth every quarter and if Warren Buffett wasn’t in the stock it could fall to $88. On the other hand, Cramer likes Action Alerts PLUS name General Motors because the stock has a 3-percent yield, does well when interest rates go higher, is taking share away from Ford, and is showing huge growth in China. Cramer says General Motors is a buy and Exxon Mobil is a sell.

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