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On CNBC’s “Mad Money Lightning Round,” Jim Cramer recommended buying Devon Energy (NYSE:DVN) as “they have tremendous natural gas, and that’s what we’re great at.”
Lending support to his choice, Wells Fargo analyst Hanwen Chang, on Monday, maintained Devon Energy with an Overweight rating and raised the price target from $66 to $68.
Cramer said USA Compression Partners (NYSE:USAC) hit a 52-week high on Monday, but “I think that’s just another nice one to have, and it won’t go down as much as the others because it’s got that good yield.”
On the earnings front, USA Compression Partners, on May 5, posted mixed results for the first quarter.
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