This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Cramer's 'Mad Money' Recap: The Natural Gas Stock for 2008

Click here for an archive of Cramer's "Mad Money" recaps.

Rocketing oil prices will make 2008 the year of natural gas, as it is likely to outperform both petroleum and oil, Jim Cramer told viewers of his "Mad Money" TV show Thursday.

"It's a clean, clean commodity whose time has now come," Cramer said.

And the perfect stock to play the natural gas market is Ultra Petroleum (UPL - Get Report), said Cramer. The stock is up more than 24% since he recommended it on July 9, but there's even more upside.

Ultra Petroleum is focused on production growth, Cramer said. On Friday, the company raised its production guidance for 2007 by a "staggering" 12.1%. The company's production in 2007 is expected to be 33% higher than what it was in 2006.

It is also likely to profit thanks to the federal government. The Bureau of Land Management, which regulates how much land companies like Ultra can use for drilling and how many wells they can put up, released a new draft plan that should speed up Ultra's development, said Cramer.

"All this should translate into higher earnings for UPL," said Cramer. "There's no doubt this will be great for business and UPL shareholders."

UPL also has requested exemptions from seasonal restrictions on drilling and the company is expected to get it, said Cramer.
1 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
HCBK $0.00 0.00%
SI $0.00 0.00%
AIG $54.81 -0.07%
APD $143.25 0.28%
BIDU $175.22 -1.16%


Chart of I:DJI
DOW 17,660.71 +9.45 0.05%
S&P 500 2,050.63 -0.49 -0.02%
NASDAQ 4,717.0940 -8.5450 -0.18%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs