This Day On The Street
Continue to site
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

Cramer's 'Mad Money' Recap: 7 Stocks to Scoop Up When On Sale

Turning to those longer-term trends, Hagedorn said that Scotts will not be raising prices this year after a string of bad weather hampered sales last year. He said the decision was made to increase advertising and hold prices this year in order to increase unit volumes and take market share, which is exactly what has been happening.

Finally, when asked about costs, Hagedorn said that costs are indeed rising, but Scotts has hedged its costs, in many cases. He said the company plans to adjust pricing next year to stabilize its margins.

Cramer remained bullish on Scotts after what was undoubtedly a strong quarter that was totally misunderstood by Wall Street.

In the second "Executive Decision" segment, Cramer once again spoke with Mark Papa, chairman and CEO of EOG Resources (EOG), an oil shale driller that posted a 3-cent-a-share earnings beat on a 47% year-over-year rise in revenue and a 49% increase in oil production.

Papa explained that unlike other oil drillers, EOG is growing organically "through the drill bit" and is offering investors a higher rate of return by doing so. He called the company's Eagle Ford shale assets a one-of-a-kind opportunity and perhaps the largest oil find in North America since Prudhoe Bay in the 1960s.

When asked why EOG isn't drilling faster, given the strength of its oil fields, Papa said that technology is moving so fast that it's prudent to move at a more moderate pace and let the technology develop and provide more oil per well. He said EOG could drill all of its wells in five to six years' time, but is currently on pace to complete drilling in an 11-year timeframe instead, to maximize the oil recovered from every well.

When asked about oil and gas prices, Papa disputed the conventional wisdom that oil prices are falling and natural gas has stabilized. Papa said he sees the upside in natural gas coming in 2013, not 2012, and sees oil supplies as being more constrained than investors realize. Papa targeted oil at $105 a barrel.
2 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.29 -0.44%
AGN $273.47 -0.39%
CMG $481.74 4.40%
SBUX $55.53 1.10%
ROST $53.35 1.50%


Chart of I:DJI
DOW 15,819.54 +159.36 1.02%
S&P 500 1,841.92 +12.84 0.70%
NASDAQ 4,281.8360 +14.9990 0.35%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs