Lightning Round: ExxonMobil is overvalued versus Chevron, says Jim Cramer

It is time it's out of the light. Good. I'm going to be seeing this August. So I don't know the story of my staff. He played himself and then the lightning round is over. Are you ready. Skate deck over the light round curves of let's go to Jerry Missouri. Jerry Hey Jim thanks for taking my call. My pleasure. What's happening. Jim I don't normally like investment management companies but this one has had such a nice ride this year that it's hard to overlook since you added a portfolio. I also started a position but it isn't going anywhere. What do you see as the catalyst to get this one moving up. My question is about Blackrock. OK this is a great question. Do I get frustrated when a stock has been in a thousand change for a long time. I look at the long term of this and the reason why I was happy to buy it here is because I don't care about the near term on this stock. I think if you buy a company that Larry Fink is running and you wait you just own it over the many years not everything can be. I like to have a pastiche in the in the travel trust. Now everything's going to go up for one. Some things are just going to be very solid for when things go down. You can buy more of and that's Blackrock. Go to James in Bethlehem. James. Hi Jim. Thanks for taking my call. Of course I will. Opinion on Applied Digital. Is it a bar I apply digital is again it's enterprise software and those stocks cannot be kept down. I am not going to tell you to buy it or sell it. I am just saying that enterprise software is so hot people just can't resist. Danny and part of Danny. Professor Kramer. Yes. What's up Danny. I just want to tell you that I'm a longtime viewer and listener and a loyal fan of Jim Kramer and CNBC. And I just want to thank you for all you've done for us over the year. Thank you. We go out every day here. It's not easy out a great staff makes me look good. How can I help. Yes sir. We love you here in Gator Country. Thank you. Thank you very much. I wanted to ask you please if you could let me know your opinion on Exxon Mobil. I think Exxon is overvalued versus Chevron. Now that has been the wrong call to make in twenty twenty four until recently. These stocks by the way are not stocks you want to own because they are actually high priced earnings multiple stocks with yields that are not as great as the only because the stocks are still too high. It's going to Jack in Ohio Jack. Hey thanks for taking my call Jimmy. Sure Jack. What's up. A buy in for the dividend which they have a good track record. L.Y.B. Lyondell Basel industry. It's funny you mentioned that one got a 7 percent yield. The reason I haven't liked alchemicals I think you go down to 7 percent yield. I agree with you. I think if these prices you do not want to ignore this stock I buy some now and if it goes down to seven percent yield that I would buy more. How about Faye in California. Faye Booyah Jen how are you. I am doing well Faye. How are you doing. Good. Thank you. Jim Luman Technologies. It's been a free fall down 40 percent in the past 30 days down. It should be down. It doesn't have it's to me this is kind of the stock that we should never have gone up. This is digital solutions for business purposes. It should never have gone up as much as it did. And it's going to come back down and it's not done going down. It went too high. It went way too much. And I want you to avoid it. Let's go to Nick in Nebraska. Nick Hey good afternoon Jim. Happy Friday. Yes. Thank God. And me too. What's up. So in July August of twenty twenty three this stock hit all time highs and was hitting on all sound with cylinders. And like you typically suggest you always say let it come in. So it came in round ninety five and initiated a position and it went down in the middle 80s. So I bought some more and then it went down into the 70s and I was filling out my position. So I'm wondering what to do with on semiconductor on semis a very difficult situation because it's an industrial what we call Internet of Things semiconductor. Those stocks are all going lower because they all have auto exposure and auto places. No auto is no place to be in auto industry slowing down. So even though I think that Hassan Al-Khoury does a fantastic job on one I'm going to say it's got to go even lower still. And I can't recommend it as painful as that is because it is cheap. Let's go to Curtis Illinois please. Curtis Booyah Dr. Kramer. I'd like to thank you for that. Yes definitely. I'm going to get to it. I put in three billion dollars three million dollar bet for money line bet and I'm out of Kentucky today. No that was not me. It's someone who really is very bullish on the Eagles. How can I help. Yes sir. I'd like to know about a little company called Applied Industrial Technology. Yeah. All right now this is the kind of company I do like. This is an industrial company of all different kinds of things that reminds me very much of Dover and Illinois two works both of which we like very very much. And that ladies and gentlemen is the conclusion of that. The lightning round is sponsored by Charles Schwab. Don't miss a second of mad money. Follow at Jim Kramer on X. Have a question. Tweet Kramer hashtag mad mentions. Send Jim an email to mad money at CNBC dot com or give us a call at one eight hundred seven four three CNBC miss something. Head to mad money dot CNBC dot com.