Texas Pacific Land Corporation (NYSE:TPL) is one of the S&P 500 stocks that Jim Cramer shared his take on. Cramer highlighted the stock as February’s best performer in the S&P 500, as he commented:

… Tonight, I want to paint you a picture using the 10 best and worst performers in the S&P from last month. February’s best performer, a name that you might have heard when we went over it a couple of times last year, Texas Pacific Land Corporation. It’s up 50.5%. Now, this is a company that owns a ton of land in Texas and leases that land to energy producers while also selling them water for hydraulic fracturing or fracking. So when the price of crude rises rapidly, like it’s been doing, going from the mid-50s at the end of last year to $67 on Friday before spiking, of course, to $72 today, that’s very good news for Texas Pacific.

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Texas Pacific Land Corporation (NYSE:TPL) manages large areas of land and oil royalties and provides water sourcing and disposal services. The company generates revenue through land leasing, easement grants, and the sale of raw materials, in addition to its perpetual oil and gas royalty holdings. We recently talked about the stock while discussing energy stocks that gained the most. You can read it here.

While we acknowledge the potential of TPL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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