This Day On The Street
Continue to site
ADVERTISEMENT
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: Better Days for Europe

Add that to the fact that White Wave shares have been held lower while its former parent sold off its position in the company and, Cramer said, the shares are now a coiled spring, waiting to shoot higher.

Cramer said White Wave deserves to trade among its peers, at 1.5 to 1.6 times its growth rate. Using that metric, White Wave should be trading at $26 a share, or a full 30% higher than where it does today.

Winners in the Oil Patch

The American oil revolution continues, Cramer told viewers. With the differential between West Texas crude and its international Brent crude counterpart dwindling, there will be even more big winners in the oil patch.

Cramer explained that for the past few years, West Texas crude has been selling at a discount because the lack of infrastructure has meant the crude simply couldn't get to where it needed to go. But the spread of $16 a barrel between the two benchmarks in January has all but vanished now because new pipelines and rail has finally allowed supply to meet demand. This is a game changer, if you know which companies benefit the most, Cramer said.

Those that don't benefit are the refiners, as they are now buying oil at the higher Texas prices. That means it's time to sell HollyFrontier (HFC) and Marathon Oil (MRO).

But the big winners include the exploration and production companies that are now able to sell their oil for $16 a barrel more. Those winners include Continental Resources (CLR), Whiting Petroleum (WLL) and Kodiak Oil & Gas (KOG) in the Bakken shale and Concho Resources (CXO) in the Permian Basin.

Cramer said it's even time to take another look at the oil tanker business with Nordic American Tanker (NAT) because day rates for ships are finally on the rise now that Europe has bottomed and the U.S. economy slowly continues to improve.

Lightning Round

In the Lightning Round, Cramer was bullish on Ford Motor (F), Halliburton (HAL), Schlumberger (SLB - Get Report), Walt Disney (DIS), Praxair (PX) and Airgas (ARG).

Cramer was bearish on Annaly Capital (NLY) and Cooper Tire & Rubber (CTB).

Off the Charts

Sequestration was supposed to kill the defense stocks, at least according to many of the bears. But that's why Cramer's mantra has always been "No one ever made a dime panicking." In his "Off The Charts" segment, Cramer went head to head with colleague Bob Lang over the chart of Northrop Grumman (NOC - Get Report), to show just how wrong everyone "in the know" was about what sequestration actually means for this giant defense contractor.

2 of 3

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
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
NOC $160.00 0.00%
SLB $92.02 0.00%
WWAV $47.80 0.00%
AAPL $132.54 0.00%
FB $80.54 0.00%

Markets

DOW 18,232.02 -53.72 -0.29%
S&P 500 2,126.06 -4.76 -0.22%
NASDAQ 5,089.3620 -1.4320 -0.03%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs