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

Jim Cramer's 'Mad Money' Recap: Opportunity Knocks

Executive Decision: John Ferriola

For his second interview, Cramer sat down with John Ferriola, chairman, president and CEO of Nucor, on location at its new direct reduced iron, or DRI, facility near the Gulf.

Ferriola said Nucor's new DRI facility makes the company more competitive by both reducing costs and creating a higher quality product than imported steel competitors. He touted the low cost of natural gas as a "game changer" for his industry, as DRI production requires an immense amount of energy.

Nucor operates a DRI facility in Trinidad, Ferriola noted, yet in just two months of operation the new U.S. facility is running at 95% capacity with higher production and higher-quality output. The plant also affords Nucor more control and security than its overseas counterpart.

Rather than importing DRI and other raw materials from places like Ukraine and Venezeula, Ferriola said Nucor is happy to make its own high-quality materials right here in the U.S., and the company already has plans to add a second furnace to the location.

Must Read: Jim Cramer's 'Mad Money' Recap: Beware the Bears

Executive Decision: Jim Brown

For his next interview, Cramer sat down with Jim Brown, Western hemisphere president at Halliburton, to see how that company's business has transformed since the two last spoke nearly three years ago.

Brown said that just like on land, technology is changing the way every aspect of drilling is done. With wells costing in excess of $130 million to build, every ounce of technology can make a big difference, he noted, which is why Halliburton specializes in mature and deep-water applications.

Brown explained the three big trends in the industry include new seismic technology that helps locate oil, directional drilling that helps get to the oil, and multi-stage completions that gets more of the oil to the surface. All of these trends produce more oil while ultimately lowering costs for each well.

When asked about America's newfound reserves, Brown said the reserves are indeed down there, it will just take a resilient and creative industry to go get it, something that is happening every day all over our country.

Even in the back office, Brown said Halliburton is hard at work with a project it calls "Battle Red," which includes the digitizing of timekeeping, dispatching and real-time inventory to help make the company more efficient at everything it does.

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
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
EXXI $0.10 -9.87%
HAL $42.05 1.79%
NUE $50.30 1.04%
AAPL $93.92 0.19%
FB $117.75 0.14%


Chart of I:DJI
DOW 17,891.16 +117.52 0.66%
S&P 500 2,081.43 +16.13 0.78%
NASDAQ 4,817.5940 +42.2360 0.88%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs