Jim Cramer Is Bullish on Shares of Schlumberger
Now that the deal between Halliburton and Baker Hughes will likely be blocked, Jim Cramer says shares of Schlumberger are undervalued.
TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer said shares of Schlumberger (SLB) - Get Report are undervalued. 'Don't buy Baker Hughes (BHI) or Halliburton (HAL) - Get Report , buy Schlumberger,' Cramer said. Schlumberger is a holding of Cramer's charitable trust Action Alerts PLUS. Schlumberger shares have added 6.3 percent since the start of the year.
At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.
