Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) is among Jim Cramer’s latest stock calls as he covered Exxon, Lockheed, and others. Toward the end of the lightning round, answering a caller’s question about the stock, Cramer remarked:

This stock has had quite a run. It’s a parabolic move. I wish I could have recommended it earlier. I can’t recommend a parabolic move. It’s just too straight up. We have to wait for a pullback.

Stock market data. Photo by Burak The Weekender on Pexels

Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) focuses on the exploration, production, and refining of crude oil, natural gas, and renewable energy sources. In addition, the company manages the logistics and trading of electricity, biofuels, and various oil products.

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