---
title: "Cramer backs Devon Energy, urges caution on pricey tech stocks"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286931527.md"
description: "Cramer recommends Devon Energy for its strong natural gas position, while cautioning that STMicroelectronics is overpriced. He highlights Taiwan Semiconductor's AI investments as potential gainers but warns about the harsh treatment of non-AI stocks. Cramer advises trimming positions in an overbought market and avoiding new purchases in unfamiliar stocks."
datetime: "2026-05-19T14:33:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286931527.md)
  - [en](https://longbridge.com/en/news/286931527.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286931527.md)
---

# Cramer backs Devon Energy, urges caution on pricey tech stocks

Energy over tech: Cramer recommends Devon Energy for its natural gas strength, while warning STMicroelectronics is too expensive after its run-up. AI market concentration: He notes Taiwan Semiconductor's AI investments could drive gains, but warns that non-AI stocks are being harshly punished. Trim in overbought market: With indicators showing overbought conditions, Cramer advises trimming positions and avoiding new buys in unfamiliar stocks.

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