Transportation Market Booming
In still another "Executive Decision" segment, Cramer sat down with Pierre Beaudoin, CEO of the Canadian-based
Bombardier, a maker of both planes and trains. Bombardier currently has a $55 billion backlog of business and the company's new C-Series jets are poised to give
(BA) 737 a run for their money.
Beaudoin said that he's very excited for 2012, as he's seeing growth in transportation around the world. He explained that Bombardier's business is not adversely impacted by struggling airlines since it sells assets that can be sold anywhere in the world.
In China, for example, Beaudoin said the company has a big high-speed rail business, but aerospace is also a huge opportunity for the company. He said that China will soon represent 20% to 30% of the company's sales. Meanwhile in Europe, Beaudoin noted that Europeans are in love with trains and even with budget problems, those countries continue to invest in rail.
Turning to future projects, Beaudoin discounted the notion of producing natural gas locomotives. "Electric is the future," he said. When asked whether the company will eventually be listed on a U.S. exchange, Beaudoin said that is not a priority at the moment but is on the company's long-term radar.
Cramer told investors they need to learn about this company, as they're becoming a big player in transportation around the world.
Cramer was bullish on
MarkWest Energy Partners
Kodiak Oil & Gas
Cramer was bearish on
In his "No Huddle Offense" segment, Cramer said while consumers bemoan the high price at the pump, some companies are using the once-in-a-lifetime opportunity to make huge amount of money.
Cramer said it was clear after last night's interview that
(DVN - Get Report)
is drilling like crazy to find more oil. That's why shares tacked on another 4.6% in today's trading after yesterday's big move. Cramer was also bullish on
Magnum Hunter Resources
(MHR - Get Report)
, another company turning into a "drilling factory," as well as
(SD - Get Report)
, which continues to buy up land to drill on.
Cramer also reiterated buys on
, his two favorite oil shale stocks.
Cramer said these fast-growing companies are like the high-growth tech stocks of yesteryear and if Washington gets on-board with the Keystone XL pipeline from Canada, the U.S. could indeed be free of foreign oil from hostile countries.
--Written by Scott Rutt in Washington, D.C.
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