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Benzinga
Benzinga
Business
Vishaal Sanjay

Jim Cramer Predicts 'M&A Wave' Even As Shell Denies BP Merger Deal: TV Host Says This Is The 'Most Bullish Thing' That Can Happen In This Market

Jim Cramer

Renowned television host Jim Cramer is cheering a potential mega merger between energy giants Shell PLC (NYSE:SHEL) and BP PLC (NYSE:BP), seeing it as a catalyst for a broader surge in deal-making activity.

What Happened: On Wednesday, Cramer posted on X, forecasting an imminent wave of mergers and acquisitions, especially in the energy sector, calling it an “M&A wave,” kick-started by Shell and BP.

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