Jim Cramer on Venture Global: “I Think It Can Go Much Higher”

Yeah, it’s breaking out. I deliberation it tin spell overmuch higher, astir apt goes to $25. This is precisely the benignant of banal that you request successful this environment. It’s pugnacious to wound the slug and accidental to bargain it aft the banal has been each the mode down to 5, 6. But you know, we don’t attraction wherever it’s coming from. We attraction wherever it’s going to. And the reply is that banal is going higher.

A banal marketplace data. Photo by AlphaTradeZone connected Pexels

Venture Global, Inc. (NYSE:VG) develops and operates LNG facilities and handles earthy state liquefaction, transport, shipping, regasification, and sales. Cramer was bearish connected the banal erstwhile a caller asked astir it during the January 22 episode. The Mad Money big said:

Venture Global, no. Venture Global, we bash not like. We did a truly bully portion astir it the different day. We conscionable deliberation that they conscionable didn’t deliver, and we don’t deliberation they’re going to present astatine all.

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