Jim Cramer on SLB: “It Is By Far the Best There Is”

Jim Cramer on SLB: “It Is By Far the Best There Is” Syeda Seirut Javed Sun, June 21, 2026 at 7:46 PM GMT+2 2 min read SLB NG=F SLB N. V. (NYSE: SLB ) was among the stocks on Jim Cramer’s radar on Mad Money, as he advised investors to care about where a stock is going, not where it has been .

Cramer discussed the company’s investor day meeting, as he said: What do we do with the oil service stocks now that peace seems to be breaking out in the Middle East, putting pressure on the price of crude? Today, SLB, the old Schlumberger, was in New York for an investor day meeting that was all about its digital business. These guys have incredible technology that helps oil and gas producers improve their performance.

Now, it’s still a real small part of their business, roughly 7% of revenue last year, but it’s growing rapidly. It carries higher margins than the rest of the company. It’s a modern growth business buried within an iconic institution that’s celebrating its 100th anniversary this year, and just one small part of what makes SLB such a special organization… The pride of an industry that I have followed forever because it is by far the best there is.

SLB N. V. (NYSE:SLB) provides technology and services for the energy sector.

It offers solutions in field development, hydrocarbon production, carbon management, and energy system integration. The company delivers well-construction, reservoir-evaluation, drilling, and production-optimization technologies. While we acknowledge the potential of SLB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk.

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