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Cramer on Top Searched Stocks: Andarko
05/09/08 - 12:30 PM EDT
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In a Real Money.com blog post on May 6, Cramer was all about Anadarko as well as other players in the space.
"Marcellus Shale. Ghana. Brazil. Wherever the oil and gas is. Wherever the chances to boost output. That's Anadarko. Fifteen percent growth or higher for many years. That's Anadarko. Creating value for shareholders. That's Anadarko. IPO of Western Gas. That's Anadarko. And more important, it is not Exxon Mobil XOM. Anadarko is one of six companies, including Apache APA, Southwestern SWN, XTO Energy XTO, Chesapeake CHK and Devon DVN (El Paso EP is threatening to join them!) that are believers. These companies recognize that natural gas is the fuel of the future, the cleanest of the logical baseline (non-peak, everyday worker energy) fuels -- coal, oil and Natural gas. These companies know what a joke ethanol is. They know that the politicians are more focused on clean renewables that use more energy than they make. I am adamant that this is the year of natural gas. And I simply won't stop. These producers, and those who drill for natural gas, are electric. They are the best place to be."For the more opinions on Thursday's top searched stocks, including Sirius SIRI and AMD AMD, check out Cramer's Take on Top 10 Most-Searched Stocks From May 8.
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