Cramer's Morning Take: Coterra Energy 7/9/25

SPEAKER_1 (0:01)

Want to quickly create and execute trading strategies to help keep up with the markets? With Fidelity Trading Dashboard, you can access live data, advanced charting, portfolio insights and automated alerts, all on one screen. We streamlined the trading experience, so you can build and place trades better. Your Fidelity Trading Dashboard is ready now for free. Visit fidelity.com/tradingdashboard.

Investing involves risk, including risk of loss. Fidelity Brokerage Services LLC, member NYSE SIPC.

SPEAKER_2 (0:31)

Introducing the new Dell AIPC, powered by the Intel Core Ultra Processor. It helps do your busy work for you, so you can fast forward through editing images, designing presentations, generating code, debugging code, summarizing meeting notes, finding files, managing your schedule, responding to Jim's long emails, leaving all the time in the world for the things you actually want to do. No offense, Jim. Get a new Dell AIPC, starting at 699.99 at dell.com/ai-pc. How those ahead stay ahead.

Jim Cramer (1:04)

I'm Jim Cramer, and you're about to hear a sample taken directly from today's CNBC Investing Club morning meeting.

Jeff Marks (1:12)

Oscillator, still a little bit overbought. We did make a sale, a trim yesterday. We've been trimming so many winners. Winners have to also trim the losers, right? That's portfolio management. If you only sell your winners, you'll just be stuck with a bunch of losers. So we trimmed Coterra Energy.

Jim Cramer (1:27)

Coterra Energy has been missing and missing. I like Coterra, and I like the natural gas story. They have natural gas and they have oil, but they have not benefited from the rise in natural gas at all. And they've had some series of executions, very unfortunate, in oil. That's how you lose me as someone who's a backer.

Jeff Marks (1:46)

Absolutely. There was some good news from Starbucks this morning. They received potential offers for a potential steak sale in its China business per CNBC. It could value the business up to $10 billion. Exactly what we've wanted Brian Nicolau to do and said that he would do is he would explore everything.

Jim Cramer (2:02)

If you don't own it, you should buy it. Here's what's going on with Starbucks as I see it. What he's doing is saying, you know what, if I can sell a piece of this thing for a nice chunk, let's go do it. He's totally aware, by the way, of what happened with YUM and YUM China because he worked at Taco Bell. So this is not someone who says, he's not some rogue from the consumer package.

Jeff Marks (2:26)

And his main focus is getting, and rightfully so, is getting the United States business back on track.

Jim Cramer (2:32)

And I think he's doing, I think you're going to start seeing some easy comparisons.

Jeff Marks (2:35)

Capital One, maybe just briefly talk about this. Resumed coverage, Morgan Stanley overweight. They call the Discover deal a game changer. It was upgraded to the SGA at Cowan.

Jim Cramer (2:43)

Again, the numbers here are way too low. The estimates are way too low. And I have said to people, I was huge into saying this. I'm not backing away. On the annual meeting, I'm still going to say that you can buy Capital One. That's how powerful this move is.

Jeff Marks (2:55)

We should talk about this. Apple's Chief Operating Officer transition, Jeff Williams transitioning out of the role, retiring later this year. Second big departure this year. You had the CFO, Luca Maestri, retire. At the end of the step down at January 1st.

Jim Cramer (3:09)

I don't like turnover. I don't like turn over. I don't like rapid turn over. You know that I have, we did a piece from May of Money, which said that Apple's probably fairly valued 20 points from here, 20 points lower. I don't like this kinds of transition.

Jeff Marks (3:24)

No, certainly.

Jim Cramer (3:24)

We have to wait till next year.

Jeff Marks (3:25)

Yeah, maybe some succession plans are being questioned too, but I guess the one thing from turn over would be, maybe you get some new faces in charge. Maybe they are more aggressive on the AI front.

Jim Cramer (3:39)

Maybe they do a deal for people.

Jeff Marks (3:40)

Yeah, exactly.

Jim Cramer (3:41)

The no brainer of Daniel Lines.

Jeff Marks (3:42)

You don't know exactly the inner workings there, so I don't know, just an idea.

Jim Cramer (3:48)

Start your day with my outlook on the daily market every morning at 10:20 a.m. Visit cnbc.com/morningtake to access all the benefits of being a CNBC Investing Club member.

SPEAKER_5 (4:03)

All opinions expressed by Jim Cramer on this podcast and in connection with the CNBC Investing Club are solely Cramer's opinions and do not reflect the opinions of CNBC, NBC Universal, or their parent company or affiliates, and may have been previously disseminated by Cramer on television, radio, internet or another medium. No specific outcome or profit is guaranteed in connection with your reliance upon or other use of the content from Cramer. The opinions offered in connection with this podcast and the CNBC Investing Club are not an attempt to induce any particular trading behavior, investment or strategy. You should be aware of the risk of loss in following any strategy or investment discussed in the content from Cramer. To view the full CNBC Investing Club Disclaimer, please visit cnbc.com/investingclubdisclaimer.