This Day On The Street
Continue to site right-arrow
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Jim Cramer's Best Blogs

Stocks in this article: AAPL CHK BBT FHN

NEW YORK ( TheStreet) -- Jim Cramer fills his blog on RealMoney every day with his up-to-the-minute reactions to what's happening in the market and his legendary ahead-of-the-crowd ideas. This week he blogged on:

  • the recent upside in natural-gas stocks;
  • how a recent China tiff could spoil Apple; and
  • why investors should bank on BB&T and First Horizon.

Click here for information on RealMoney, where you can see all the blogs, including Jim Cramer's -- and reader comments -- in real time.

Nat-Gas Stocks Get Sudden Upside

Posted at 4:26 p.m. EST on Friday, Feb. 17.

There's no way that natural gas can stay down here when Devon Energy (DVN), EOG Resources (EOG) and Chesapeake Energy (CHK) are simply throwing in the towel on new drilling, and Ultra Petroleum (UPL), which is all nat gas, is cutting its budget in half. Southwestern Energy (SWN) has also indicated it will do the same.

That's pretty much everybody who matters. It's as if there is a driller's strike, as it is all going the way of oil now, given the sky-high price of crude.

This development is what's causing Chesapeake to go higher today. That, alone, is saying bottom in nat gas.

> > Bull or Bear? Vote in Our Poll

If this is indeed the floor, then you have to be thinking that Chesapeake, which is so, so heavily shorted, might be a decent bet, but once again, I come back to Devon being a terrific play, and EOG, which is down today after running up gigantically these last few days, as a close second.

I think that the cessation in drilling is going to put a floor on nat gas, but I don't think it can run too much because there is still so much of it. I would bet that it might not get above $3 and change anytime soon. But it comes at an important time. As good as oil is, it can't make up for the heavy declines in the price of natural gas if they keep heading lower.

Let's just say it is good news for all of the natural-gas-dependent independents, and it would be a nice kicker to their 2013 earnings estimates, which are all hanging in the balance if natural gas keeps going lower.

Random musings: Is H.J. Heinz (HNZ)(HNZ) the new General Mills (GIS)? Sure seems like it. What a role reversal!

At the time of publication, Cramer had no positions in stocks mentioned.

1 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,356.87 +288.00 1.69%
S&P 500 2,012.89 +40.15 2.04%
NASDAQ 4,644.3120 +96.4780 2.12%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs