Tuesday, 05/06/08
Posted 05/06/08,  11:57 pm ET

(Scroll down to see Jim's comments below)

 
 
Today's date:  Tuesday, 05/06/08

  Dow Jones: 13,020   +  51
  NASDAQ:   2,483   +  19
  S&P 500:   1,418   +  10
 
 
 
 
 
First Segment
 
 
Opening Segment 1 Title: 'Natural High'

.  .  .  .  .

Featured Stock(s): Devon Energy (DVN)
Apache Corp. (APA)
Anadarko Petroleum (APC)
Southwestern Energy Co. (SWN)
Chesapeake Energy Corp. (CHK)
XTO Energy Inc. (XTO*)


See Opening Segment 2, below...
 
After this segment, you can see Jim's Lightning Round picks here...


JJC:   Right now... right now... the democratic candidates are facing off in two of the most important primaries for the nomination... and the one thing they agree on... Both Hillary and Obama hate the oil companies. They agree that you can't give a break to big oil. They are adamant that these guys are the bad guys, and that they should be mauled with a windfall profits tax...

Tonight, I am urging the democrats not to take that tack... I am pleading... that they not take a punitive stance, at least toward the companies that are drilling for natural gas...

Why?...

There's coal, there's oil, there's nuclear, and there's natural gas...

Let's go through these, Hillary and Obama...

Clean coal... oxymoron!...

Nukes... not in my back yard!...

Oil?... We're running out!...

Natural gas... bingo!...

It's clean. It's plentiful... That's right, there are still many finds to be had...

.  .  .  .  .

Witness the Marcellus Shale in Pennsylvania...  which could be an enormous source of natural gas... and jobs.   And it's just now being developed... It's the secret to energy self-sufficiency, for heaven's sake, and they want to tax (it)!...

It's nuts...

Today, we heard from one of my faves in this industry... I am in heaven with this industry!... Today, we heard from Anadarko Petroleum (APC)... one of our absolute favorites... the one with that guy, Jim Hackett, at the helm... We brought him back on March 25th... The stock was at $63, and we said that this one was a 'must buy' because it is the year of natural gas... Now the stock is up $11.51.... Told ya!... Up 18%... after reporting a monster quarter after the bell... I mean, they're drilling everywhere!...

I think this $74 stock can go to $100 in 18 months, extending the year of natural gas right into 2009...

APC, unlike Exxon Mobil (XOM)... which is a big bank, just buying back $8 billion of stock, APC is a believer... and has been a believer in higher (natural gas) prices... It's bidding on land, it's buying leases... In fact, the incredible drilling race between Anadarko (APC) and Chesapeake (CHK), in the Marcellus Shale, reminds me... they are going all out against each other, and I'm loving it, producing natural gas for our country... I'm calling it energy self-sufficiency...

The politicians must recognize that these companies are the future... and the integrated oils, which only somewhat believe in higher prices, have little or no growth... But the natural gas companies - which are drilling like mad - they're all about 15% growth... How many companies do we have... Do you have any of those old tech companies growing at 15%?... These are at 15% for as far as the eye can see... they have visibility... maybe even more... because they've predicted higher prices, and they're operating on that correct assumption...

These are wildcatters... and I'm going to list the wildcatters, so you know what to buy, anytime they're down... and they tend to go down mid-day, when I'm not on...

.  .  .  .  .

Here they are...

Devon Energy (DVN); Apache Corp. (APA), which was stupidly down the other day, off of a great quarter; Anadarko Petroleum (APC); Southwestern Energy Co. (SWN); Chesapeake Energy Corp. (CHK) and XTO Energy Inc. (XTO*)...

These are all Cramer faves...

After the big six, there is the emerging player, El Paso (EP*)... which I liked so much, I bought the company... or, at least, shares in it... for my charitable trust...

EP* just had a great find today off the coast of Brazil... these guys are drilling...

How about the old-timers... EnCana Corp. (ECA), still flush... and ConocoPhillips (COP*), which they all laughed at... when they bought Burlington, then the largest natural gas player... Who's laughing now?...

How about Ultra Petroleum (UPL), after the bell, with a monster-good beat?... And don't forget Nabors (NBR) and Halliburton Company (HAL), as domestic drilling land plays for natural gas...

Anadarko Petroleum (APC) said today that rates are going up. That may be big, big, big... for this kind of drilling... especially in that veal dish, the Marcellus Shale...

.  .  .  .  .

Now, let me give you the big wrap-up...

We've been using $125 for the price target for oil, for the last two years on this show, right?... When everyone (else's price target) was at $60, and $80 and $90... We've been using $125... and sweet $16 for natural gas...

Until today, we had the highest targets for oil on the Street. Then, Goldman Sachs, which had been using $100 (as a price target), said today that $200 is possible for oil... He leap-frogged me...

I'm willing to say that oil goes to $150. But, right now, oil is less important...

My best players are in natural gas...

My credibility here is awesome, by the way... as I predicted just last Friday that Anadarko Petroleum (APC) would have a blowout quarter yesterday... and that's just the most recent example... Hey, I also did that with Precision Castparts (PCP)...

All right, the bottom line... 

.  .  .  .  .

The Bottom Line!:      I own natural gas for my charitable trust, and I am still buying these stocks... The group has much further to go... We are talking about a gigantic, fantastic move here... and you have not missed that move yet...


[See Jim's 2nd Opening Segment stock picks below... ]

 

 

 



See all of tonight's stocks' latest quotes on Yahoo! Finance



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Stock Snapshots - Includes all stocks mentioned above

 

 

 

Jim
Cramer's
rating on
this stock

STOCK
SYMBOL

Closing
price
that
day

Opening
price
next
day

Full Company Name/Comments
(see comments above for each)

DVN

120.33

na

Devon Energy (DVN)


APA

137.66

na

Apache Corp. (APA)

 

APC

74.53

na

Anadarko Petroleum (APC)


SWN

44.40

na

Southwestern Energy Co. (SWN)

 

CHK

56.92

na

Chesapeake Energy Corp. (CHK)



XTO*

65.62

na

XTO Energy Inc. (XTO*)

 

 


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Second Segment
 
 
Opening Segment 2 Title: CEO Interview:
Duncan Niederauer, CEO

.  .  .  .  .

Featured Stock(s): NYSE Euronext, Inc. (NYX*)

See NYX*'s official website here.

See the Yahoo! Finance profile for NYX* here.

 
After this segment, you can see Jim's Lightning Round picks here...

        
Jim's Comments BEFORE the interview:         You might be wondering why I'm wearing a paper bag over my head... Well, it's chiefly because I'm embarrassed... The most embarrassing thing I've ever done since I've started this show was to recommend the stock of the New York Stock Exchange, NYSE Euronext, Inc. (NYX*)... It then proceeded to go down about 45 points. I lost a lot of people money, including my charitable trust... which is why I was pleasantly surprised today by what was indeed the first genuine upside surprise that NYX* has had... and, of course, the reason why I think it had it, is because this is the first full quarter, where the company has been run by Duncan Niederauer... This man was a friend of mine at Goldman Sachs... This was the first quarter that he's had. He's the CEO... And I think that this quarter was so great, that it's time to take the paper bag off my head, and to welcome Duncan Niederauer who, unfortunately... The last time I saw him was at his offices, and the stock was down $10 on the last quarter... It was not his fault... Here, we've got a stock that was up $4.88, and that was his fault...

Duncan Niederauer... welcome back to Mad Money...

.  .  .  .  .

Jim's Comments AFTER the interview:      Duncan Niederauer... CEO of NYSE Euronext, Inc. (NYX*)... you make us proud. Thank you for turning this operation around... The monkey's off all of our backs... Great work, sir... It's gone. Finally... I'm done with being defensive about it... NYX* works. Why? Because the NYX* runs on Duncan!...

 

.  .  .  .  .

 

   
 

Stock Snapshots - Includes all stocks mentioned above

 

 

Jim
Cramer's
rating on
this stock

STOCK
SYMBOL

Closing
price
that
day