Jim Cramer's Stop Trading: Royal Dutch Shell Is an Oil Sector Standout
NEW YORK (TheStreet) -- After catching an upgrade on Wednesday from Deutsche Bank, Royal Dutch Shell
On CNBC's "Cramer's Stop Trading" segment, TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, pointed out that most oil stocks have been sold off in recent trading, with the exception of Royal Dutch Shell.
Many investors used to consider it as one of the worst run companies in the oil business.
But according to Cramer, that's no longer the case. The company has plenty of assets to spin off and a CEO capable of making it happen.
"There's so many assets to unlock here," Cramer concluded, "Royal Dutch, that's the play."
-- Written by Bret Kenwell in Petoskey, Mich.