TheStreet.com Staff
"UPL was great before, but now they have the Bureau of Land Management on their side," said Cramer.
Natural gas got stung by Hurricane Katrina, as people though it was "unreliable," but it is the cleanest fuel and there is plenty of it, said Cramer. Cramer also told a viewer that there is very little speculation in coal compared with oil. "It's a surprise. It's kind of a flat-line commodity because the growth of coal plants worldwide is flat-lining. No one likes the smell, stink and carbon gases," he said. Among oil companies, Exxon Mobil(XOM Quote - Cramer on XOM - Stock Picks) leads the group and is the least sensitive to movements in the price of oil, Cramer said. Occidental Petroleum(OXY Quote - Cramer on OXY - Stock Picks) and ConcoPhillips(COP Quote - Cramer on COP - Stock Picks) could also spike, he said. ConocoPhillips is a stock that Cramer owns for his charitable trust Action Alerts PLUS.The Winner of the George Bailey Award
Even as the financial sector continues to reel from the subprime-mortgage loan crisis, one bank is showing others how to do business the right way, Cramer said. Hudson City Bancorp(HCBK Quote - Cramer on HCBK - Stock Picks) serves New York, New Jersey and Connecticut and has stayed away from the speculative markets of Florida and California. While other financial sector stocks were down an average of 20% to 25% on the S&P, Hudson led the index in July, said Ronald Hermance Jr., chairman and president of the company, who visited the "Mad Money" show.
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