Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.
Jim Cramer likes CVX, DVN, and PXD. OXY is too oil-focused at a time when natural gas is surging in demand and price.
I was curious about the following (numbers rounded):
- market cap: $20 billion
- P/E: 56
- dividend: 1.57%
- comment: market cap and P/E certainly appear to be obstacles to being acquired
- market cap: $40 billion
- P/E: 114
- dividend: 2.11%
- comment: I don't see PXD as a takeover candidate based on history of company; P/E; and, market cap;
- market cap: $7 billion
- P/E: 10
- dividend: 0.54%
- comment: I see APA as a takeover candidate
Intuit: will acquire Mailchimp for $12 billion.
Comment: I only saw the first fifteen minutes of Jim Cramer this evening. I did not like his lead-in. His theme this morning was carried over to tonight: September will be a tough month for investors; lots of volatility; likely to see a big pullback. Some air was taken out of that sail when the Dow finished up 260 points today. He suggested it was sector rotation; the NASDAQ was a bit -- but barely -- down for the day. Cramer said the only thing "working" right now was energy. All four major US equity indices, futures are in the green right now, 7:03 p.m. CT.