Devon Energy Corporation (NYSE:DVN) is one of the stocks Jim Cramer answered questions about. A caller mentioned that the stock looks undervalued due to the upcoming merger, and asked if they should sell, take a “schnitzel” approach, or hold the stock. Cramer replied:

I agree with you. Great natural gas portfolio. It’s not necessarily going to be linked to the international, but there’s going to be a shortage of natural gas. We all realize that now. They’re doing a good merger. I don’t, I hesitate to recommend any oil and gas after this big run, but if it comes in, I’m going to say yes.

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Devon Energy Corporation (NYSE:DVN) explores, develops, and produces oil and natural gas. The company operates in several basins, including the Delaware Basin and the Eagle Ford. During the episode aired on May 12, 2025, a caller asked whether they should be “loading the truck” with the company’s stock, keeping in mind the valuation at the time, and Cramer responded:

No, you can’t. I mean, Devon has been such a poor performer. I can’t have you do that. It’s really been a nightmare, frankly. Maybe it’s starting to bottom, but oh my, has it been bad.

Since the above comment was aired, Devon Energy Corporation (NYSE:DVN) is up over 35%.

While we acknowledge the potential of DVN 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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