Jim Cramer Says That He 'Likes' Dominion Energy (D)
We recently published a list of . In this article, we are going to take a look at where Dominion Energy, Inc. (NYSE:D) stands against other stocks that Jim Cramer discusses.
A caller inquired about Dominion Energy, Inc. (NYSE:D), given that the current administration seems to be 'against clean energy'. Here's what Cramer had to say in response:
'I like Dominion. It's fine. For a while, I was worried about the balance sheet. I think we're okay. I think we're okay with Dominion.'
Dominion Energy, Inc. (NYSE:D) delivers regulated electricity and natural gas services, supported by a diverse energy portfolio that includes substantial generation and distribution infrastructure. The company focuses on both traditional and renewable energy solutions.
In October 2024, Cramer was not sure about the company and said that he was not 'quite ready to recommend' it at that time. However, he still mentioned some positives as he commented:
'Finally, there's Dominion Energy, which passed the YEV test with flying colors. This is a gas and electric utility in Virginia, North Carolina; South Carolina, small gas utility business in South Carolina; and a big clean power generation business, one that includes a nuclear plant along with some wind, solar, renewable, natural gas.
… the bottom line, when you screen for yield, earnings, growth, and value and you make that in screen incredibly harsh like we have, you wind up with a list of seven great stocks… and one that I actually have to tell you I'm intrigued [about], even though I'm not quite ready to recommend it. And that's Dominion Energy.'
Overall, D ranks 11th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of D as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
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