Making a larger run at the oil and gas service sector makes perfect sense for GE, said Cramer. Already the company is leading the way with natural gas locomotives, turbines and lot more. Lufkin will be a perfect fit, he said, but there are still other opportunities for GE to acquire.
Cramer suggested FMC Technology (FTI), currently valued at $12 billion, could be one company that could complement GE's investments and cement its place in the industry. Chart Industries (GTLS), along with Clean Harbors (CLH) and Core Labs (CLB) are other possibilities.
Cramer reminded viewers that he never recommends a stock on a takeover unless the fundamentals are also strong. In all of these cases, these stocks can make investors a lot of money as oil and gas in America rages on.
Pharma Focus on J&J
After spending the past two weeks highlighting companies in the biotech space, Cramer said he didn't want to give the impression that old-line Big Pharma doesn't have opportunities,too.So he has kicked off a week-long series starting with Johnson & Johnson (JNJ - Get Report), a stock Cramer owns for his charitable trust,