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OKE
Benzinga
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Jim Cramer Recommends ONEOK, 'Can't Believe' Stock Price Is This Low

1. Jim Cramer recommended buying ONEOK due to its low price. 2. OKE reported Q2 earnings of $1.34, beating estimates of $1.29. 3. Sales reached $7.887 billion, surpassing market expectations. 4. Cramer's endorsement might drive positive investor sentiment for OKE. 5. OKE shares rose 0.6% to $73.89, indicating slight positive movement.

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FAQ

Why Bullish?

Cramer's buy recommendation and earnings beat indicate a positive outlook. Stocks often respond favorably to analyst recommendations, especially post-earnings beats.

How important is it?

The article provides analyst endorsements and earnings data, both crucial for stock performance.

Why Short Term?

Investor sentiment and trading activity may spike soon after Cramer's recommendation. Historically, strong earnings and analyst endorsements lead to immediate price increases.

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