ConocoPhillips , Marathon Oil : Conoco shares fell 3% after the company said it planned to buy Marathon Oil in a deal $17.1 billion all-stock transaction.
"Conoco is a very, very good company," Jim Cramer said, though he wondered whether U.S. antitrust regulators may heavily scrutinize the tie-up.
"This deal makes a ton of sense, but I would buy Conoco over Marathon here."
"Now, the can't-last theory is so stupid because what that says is, without doing any work, that stock can't be up 100%.
"Cava is a great company," Cramer said.
Persons:
Jim Cramer's, Jim Cramer, Cramer, Abercrombie, Fran Horowitz, she's, I'm
Organizations:
CNBC, Club, ConocoPhillips, Marathon, Airlines, Fitch
Locations:
Marathon, Texas