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
TheStreet Open House

Cramer's 'Mad Money' Recap: No News Is No News

Stock quotes in this article: KO, PEP, HTZ, ZIP, FXE, T, VZ, MO, LGCY, COP, GRA, DOW, ARNA, SKUL, FTR, NOK, IGT, LVS, SWK, FUN, GTLS, WPRT, CAT, RDS.A

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), 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

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 16,785.63 -19.08 -0.11%
S&P 500 1,943.70 -2.46 -0.13%
NASDAQ 4,417.6030 -4.4820 -0.10%

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