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: No News Is No News

WR Grace (GRA): "I have companies like Dow Chemical (DOW) with a 4% yield that they're giving away. Dow, yes, yours, no."

Arena Pharmaceuticals (ARNA): "I think it's a terrific spec stock. I think they should raise a lot of money to fight obesity."

Skullcandy (SKUL): "I don't see why this accessory company should be bought. I don't like their niche."

Frontier Communications (FTR): "Oh come on, that's way too dangerous. You have Verizon and AT&T. Why look any further?"

Nokia (NOK): "There's nothing there. There will be no takeover."

International Game Technology (IGT): "I'm done with that one. If you need a casino play I'll send you to Las Vegas Sands (LVS) but you don't need a casino play right now."

Stanley Black & Decker (SWK): "It should be higher but it has European exposure. No one wants any Europe."

Cedar Fair (FUN): "One way to have fun is to own FUN. It has a 6% yield and it's a great domestic security play."

Up and Down Chart

Not all stocks go up in a straight line, and that's why Cramer circled back to Chart Industries (GTLS - Get Report), a stock that's up 44% since his original recommendation in February 2011, but also one that's fallen 13% since Cramer last spoke with the company's CEO on April 13.

Cramer said there's still a lot to like at Chart Industries. First, the company reported a terrific quarter April 26, announcing its backlog of business grew by 35% year over year, and margins expanded. Chart derives 58% of its sales from outside the U.S. where, unlike the U.S., countries are clamoring for the clean, cheap alternative to oil.

But perhaps the biggest driver for Chart Industries were last week's announcements by Westport Innovations (WPRT) that they're partnering with equipment giant Caterpillar (CAT) to make natural gas mining equipment and locomotives and the announcement that Royal Dutch Shell (RDS.A) will be building 200 natural gas fueling stations across the U.S.

Cramer said both of these announcements are great news for Chart, yet the stock barely budged on the news. Clearly, more natural gas vehicles and fueling stations will mean more business for Chart, which makes the technology and the tanks to liquefy natural gas for vehicle use.
3 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
GTLS $22.19 0.00%
HTZ $16.23 0.00%
KO $43.36 0.00%
PEP $100.50 0.00%
AAPL $118.03 0.00%


Chart of I:DJI
DOW 17,813.39 +1.20 0.01%
S&P 500 2,088.87 -0.27 -0.01%
NASDAQ 5,116.1430 +13.3350 0.26%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs