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...
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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)
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
Opening
price
next
day
Full Company
Name/Comments
(see comments above for
each)
Go to the LIGHTNING ROUND from
tonight's show
here >>
See current quotes on Yahoo!
Finance from
tonight's show stocks
here >>
Symbol keys:
A Charitable Trust stock.
- An asterisk next to a
stock symbol indicates that
Jim mentioned it is a stock
that he manages within
his
charitable trust portfolio.
You can see the complete
portfolio
of stocks
here >>
Thumbs up - indicates
he would buy the stock or,
at the very least, not sell
the stock. We do our
best to interpret Jim's
opinion on stocks, as we
think it is indicated by his
comments during the show.
Please read his comments to
decide for yourself.
Thumbs down -
indicates he has said not to
buy or to sell the stock,
based on his comments
We do our best to interpret
Jim's opinion on stocks, as
we think it is indicated by
his comments during the
show. Please read his
comments to decide for
yourself.
Back up the truck -
indicated by Jim, when he
says the stock is so good,
that he would do a
'mon-back' on the stock...
In other words, this is the
sound someone would say to a
truck driver, "Come on
back... " as he is "backing
up the truck" to load up on
his cargo. Translation
for buying stocks:
This recommendation by Jim
indicates that, after you do
your own
homework on the stock,
you should feel comfortable
loading up on it, as it is
in a good position to be
bought at this point.
Stumped. - Of the
2,000+ stocks that Jim
Cramer has in his head, for
which he has an informed
opinion, he sometimes comes
across a caller with a stock
he does not know well enough
to opine on... He then
indicates he is stumped and
will have to come back to
it, after he does some
homework of his own on
the stock. This
usually occurs during the
Lightning Round, when Jim
does not know in advance who
is calling, or what their
stock question is about.
Definitions of key phrases
used by Jim, known as
"Cramerisms":
Definition: 'Pull the
trigger' is Jim's phrase for making
the decision at that point to trade -
either to 'buy' or
to 'sell' (although he
usually uses the phrase for
buying), as if to say you
should feel comfortable
enough to make the final
decision without looking
back...
Definition: 'Ring
the Register' is Jim's phrase for
selling a stock, and making
it a final sale, that you
should not look back on.
Put it behind you.
Definition:'Let It Come In' indicates how you
may wait for it to pull back, or have the
stock price come down briefly, as your
chance (after letting it come in) to buy
the rest of your position (i.e., total
number of shares you own in that stock).
Definition:'backing it up'
or 'doing a 'mon-back' is Jim's
phrase for the metaphor of backing up a
truck to load up on a stock by buying
it. 'Mon-back is short for the
imaginary worker saying, 'Come on
back...' as the truck is backing up to
receive its load... Notice that we use
the little truck icon to indicate where
Jim has mentioned this.
Translation for buying
stocks: This
recommendation by Jim
indicates that, after you do
your own
homework on the stock,
you should feel comfortable
loading up on it, as it is
in a good position to be
bought at this point.
See more
"Cramerisms" & other
financial phrases
here >>
Helpful Websites:
See the stocks currently
known to be in Jim Cramer's
Charitable Trust at:
Stock Homework 101:
This is an excellent
upcoming site that provides
resources and links to help
you do that homework that
Jim Cramer recommends after
hearing his suggestions...
FastMoneyRecap:
This site will be a quick
summary of recommendations
made by the great Fast Money
TV show crew, that will
offer you a unique service,
to compare their picks to
Jim Cramer's past comments
about those stocks.
