JJC:    Another ugly, completely hideous day... led down by all the stuff we hate in Cramerica...  the banks, the retailers, and of course, the automakers... Sell, sell, sell!...

If you own any of them, well you're obviously like the Gollum... I'm not listening, I'm not listening... you're not listening to the show. And you are taking the full front of a down-220 day...

Oh, and by the way, my forecast for you next week if you persist in owning this nonsense, is to quote the greatest stock guru of all time... to quote Mr. T, my forecast is "Pain!"...

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All right look, my job is to keep you in the game... And this is, even after a day like today, the greatest game ever invented to make money.  And I need you to recognize that I can't keep you in the game if you persist in bottom fishing in those toxic banking rivers, in the toxic housing rivers, and of course, anything auto, and auto related.  See, in Cramerica, we are believers in the same long term theses we have propounded since the show began... If you don't know them, go get the darn book... Agriculture, minerals, mining, aerospace and defense, infrastructure, and by far, most importantly, the petroleum complex that includes natural gas... this is the year of natural gas... crude oil, and everything needed to bring crude oil and natural gas products out of the ground and into the gas pumps, and the powerplants that use them.  Today was no different.

Those stocks were the only green in the sea of red.  Yet, we still have non-believers, people adverse to buying into these trends.  So we are going right back into the well, so to speak, to recommend a stock that not only survived, but thrived today's onslaught and I think will continue to do so, and that stock is...

Gardner Denver Inc. (GDI)...  No, not Bob Denver, for heavens' sakes...

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GDI, which makes key parts for getting at energy and getting it shipped to where it is needed, is not a new stock on Mad Money.  I recommended it on September 26th at $36.60... And it's up 46% since then, so I've got some street cred here...  But it has, and I'm going to explain this in a moment, it has only gotten cheaper because while up 62% year over year, is still way behind where I expected it to be by year end, because its earnings are on a tier, just a tier...  And what happens by the way, when earnings go up?...  Stocks follow...

And this one has not kept up pace with earnings.  What's GDI do?  It's all about that stuff that I'm telling you is right... but you don't want to hear about, because you're too worried about why they're in networks, and worried about customer retention software...

GDI is making the important products, compressors, blowers, industrial vacuum pumps, fluid transfer products...   Remember fluid, as soon as you hear that, listen up.   Fluid control may not be sexy, but it's been rocking with the flow serve at 133, just 7 points off the tide... Robbins & Myers Inc. (RBN), at $41 and change, 3 points off its high... And Cramer-fave, Colfax (CFX), which is just 2 points away from its high of $23 and change, and up 12%, by the way, since I recommended it on May 12th...

Why do I point these out?  Because where are your bank stocks?... Down 40, 50, 60, 80. Where's your Ambac (ABK)s?  Your MBIA (MBI)'s, down 90.  Your housing stocks, HGX, down $60... $70...?  No, we buy stocks that are working on Mad Money.

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The key to GDI's success, and the reason why it's not just an oil play, but a "new tech" stock, is that it builds proprietary technology into all this "nuts and bolts" equipment...  So you need compressors, blowers, industrial vacuum pumps, transportation, loading equipment and water jetting systems...  All the things that GDI quietly makes that move things and create the energy that you use. If you want to extract oil, so even though this company gets only 23% of its sales from energy, meaning oil, and gas...  It should go higher when oil goes higher, as it did today.

Now I think it means you now have a chance to buy GDI up slightly today, was not up enough.  Why?... Because it's not just making compressors and vacuum pumps and fluid transfer systems, it's making better compressors, better pumps and better fluid transfer systems that are designed to be smaller, more effective and more energy efficient.  That's the definition of a new tech stock.  Why, while old tech companies design video games that require larger and larger pieces of equipment and better chips to play, I think Rock Band, and consume, ever more energy...  And by the way, I'm actually being kind to Silicon Valley, here, by not focusing on any of the other zillion games that teach your kids how to kill people.  GDI is just the opposite, even though it's not exciting. Now, you know, my most boring stocks are my best picks, okay.  Plain and simple.  GDI's proprietary technology is designed to help solve the big problems of mankind, not the little problems of trying to keep our kids interested and staying alert in front of a screen. 

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Let me give you an example...

GDI just introduced a new stainless steel pump that is specifically designed for the transfer of food grade products from tank trailers...  I know, but listen... remember, food... stopping famine... is one of those top ten needs of humanity that new tech solves.  GDI's pump has a new design that allows for easier cleaning and maintenance...  So you should be thinking less spoilage, smoother operations, less contamination of food, not to mention faster transfer from food from the tank trailers to wherever it's going.  What does this mean?  It means more food is saved at less cost. It is just a huge issue, and GDI is trying to solve it.

You want another example?...  GDI is shrinking the size and increasing the efficiency of a whole host of industrial products it designs.  A smaller size for the blowers, for example, minimizes leaks, increases efficiency, ideal for applications like now... it sounds boring but let me give you what it's for...  for something that's going to be worth a lot of money with oil at $130 and change...  fuel cells.  Yeah, sound like "new tech" to you?...  Fuel cells.  Air samplers... they make cleaner air and gas boosting energy.  Again, getting more out of the energy we have.

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By the way, I should take a moment to mention again, that this is Cramer's year of natural gas, and companies like GDI that make gas boosting equipment... this is equipment that compensates for any loss of pressure inside of a gas pipeline, should thrive...  Natural gas stocks, were up in the down-220 day.   GDI has the number two market share positions in most of its markets.  It generates 59% of its sales, not in the United States, in the rest of the world... we know the rest of the world is doing a much better than we are, and its results have been fabulous. When it reported on April 3rd, it did one of those things called a beat and raise, one of our favorite moves on Mad Money... you know, you'll be listening to Joe Kernan in the morning, and he'll say well, GDI beat by United States Steel (X), and then you say, ooh, why didn't I have that.

Okay, this one beat, bringing in earnings per share of 95 cents, 15 cents better than the consensus estimate, when it happened, it was all the talk of the morning, and you didn't own it.  Right now, GDI is trading at 13x a $4 forward estimate...  I think that estimate is 50 cents too low, and the multiple itself is too low, given its peer group, which is two to three multiple points higher.  Remember, you times the earnings, times the multiple to get the price.  Simple equation, e times m equals p, okay... And I say the earnings estimates are too low and the multiples are too low.

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Why don't we give it the peer group multiple?...  Give it like all the other oil drilling and the Schlumberger (SLB)s, the Halliburton (HAL)s, the Nabors (NBR), the FMC Corp. (FMC), you know what you get?...  A $65 stock...  a 21% gain from here, and believe me, I am being conservative, I am being conservative...

I should also mention, that GDI is a believer in its own stock.  They've got an aggressive buyback...  Sir Mix A lot, again, I like big buy backs and I can not lie... They bought back 1.2 million shares in the first quarter... sounds a little bit low, right?  1.5 million shares left in the buyback, but this is shareholder-friendly...  There are only 52 million shares outstanding, and it doesn't take a lot to move it.   So I know it may not be interesting, but think about all the stocks I've been mentioning that are not interesting, what do they have in common?...

They tend to go up...

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