Cramer's 'Mad Money' Recap: Coal Comfort

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Market players should always pay attention to Congress for ideas on how to invest your money, Jim Cramer told viewers of his "Mad Money" TV show Monday.

Previously he thought the Democrats would find coal "too dirty," but after reading a recent article in The Washington Post on how the Democrats are pushing for a coal-to-liquids energy plan, it seems to Cramer that they too have jumped on the coal bandwagon.

"America is the Saudi Arabia of coal," he said. "Our coal sources are safer, cheaper and more stable than our sources for oil." Plus, China is going from an exporter to an importer of coal next year, Cramer pointed out. This means coal is a "ROWer," or rest-of-the-world play, with China being a large consumer.

It's true that Goldman Sachs downgraded the coals recently, he said. But instead of selling these stocks, investors should thank the analysts at Goldman for the gift of lowering these stocks and making them buying opportunities.

Goldman is saying that the coal-to-liquids technology is a "pipe dream," Cramer said. But at this point, he believes that investors shouldn't care. All that matters right now is that the anticoal Democrats are now getting on board.

As runner-up positions on coal, Cramer suggested checking out Consol Energy (CNX Quote) and Arch Coal (ACI Quote).