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!

Cramer's 'Mad Money' Recap: New Playbook (Final)

Disappointed in Congress

In the "Executive Decision" segment, Cramer once again checked in with Andrew Littlefair, president and CEO of Clean Energy Fuels (CLNE), a stock that's up 65% since Cramer last spoke with Littlefair just four months ago.

Shares of Clean Energy Fuels were dealt a pair of setbacks this week, as the company reported a larger-than-expected loss and in Washington, when Congress failed to pass a subsidy bill for natural gas trucks.

Littlefair said that he was disappointed by today's congressional action. He said our country was counting on leadership and simply didn't get it today. Supporting natural gas is the only policy that will get America off foreign oil, explained Littlefair, and the bill that was defeated wouldn't have cost taxpayers a dime.

But Littlefair remained upbeat, saying that America doesn't need Washington to do the right thing. He said major corporations are already moving to natural gas vehicles and as more and more climb on board, the downward pressure on oil prices will begin. For it's part, Littlefair said that Clean Energy Fuels is building 150 new natural gas fueling stations across the country and will "make a dent" in the infrastructure needed to make natural gas a reality.

In fact, Littlefair noted that the incremental cost for a company to purchase the latest generation natural gas truck pays for itself in just six to seven months, down from over a year just a few months ago.

Cramer said that investors shouldn't buy into Clean Energy Fuels for the short term, but rather because they know that our country is smarter than our leaders and will eventually adopt this clean-burning, domestic fuel.

Doing the Right Thing

In his second "Executive Decision" segment, Cramer spoke with Jim Hackett, chairman and CEO of Anadarko Petroleum (APC), a stock that got slammed down 1.3% today after the company lowered production guidance for 2012. But underneath the headline number, Cramer noted that Anadarko is getting punished for doing the right thing, as the company shifts away from dry natural gas to more lucrative oil and liquid projects.

Hackett said that Anadarko stock will continue to move forward and he remains confident in the company's decision to reign in its growth in order to reduce some of its dry gas drilling operations.

He said that Anadarko still has huge assets and opportunities for growth, as offshore drilling remains an enormous resource for America. Hackett noted that just one of Anadarko's offshore platforms accounted for 2% of the country's total gas output at its peak, a phenomenal accomplishment.

When asked about today's disappointing news out of Washington, Hackett responded by saying that using natural gas for surface vehicles is "absolutely the answer" for our country. He said if we don't convert to the fuel, it would be a failure of leadership in both the public and private sector. Natural gas is America's way to get off imported oil.

Turning back to Anadarko itself, Hackett said that the company is a lot better off than it was a year ago, when it was dealing with the aftermath of the oil spill in the Gulf of Mexico. He said the spill is behind the company and the underlying value of its assets are once again coming through in Anadarko's share price.

Finally when asked about his upcoming departure, Hackett said that Anadarko is in great shape and the company has prepared itself will for the transition to its new CEO. Cramer agreed with those sentiments, saying that Anadarko remains a great company with a terrific outlook.

2 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
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 17,086.63 -26.91 -0.16%
S&P 500 1,987.01 +3.48 0.18%
NASDAQ 4,473.6970 +17.6810 0.40%

Brokerage Partners

Rates from Bankrate.com

  • 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