NEW YORK (TheStreet) -- On CNBC's "Cramer's Stop Trading" segment, TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, looked at shares of Goodrich Petroleum
The stock is soaring on Monday after the company announced the completion of a well at its Tuscaloosa Marine Shale, based in Louisiana. Cramer said GDP has been forgotten by investors.
Cramer did a rundown of several other oil stocks, starting with Devon Energy
(DVN). Shares have been strong and can continue to go higher, he said.
He added that investors can find good exposure to the Eagle Ford Shale via EOG Resources
(EOG), while Pioneer Natural Resources
(PXD) has solid exposure to the Permian Basin.
Cramer also pointed out SandRidge Energy
-- one of Leon Cooperman's favorite stocks -- which seems to be "getting a little love" from investors lately.
In general, he suggested that oil production growth in the United States has been, and will continue to be, much stronger than many people think.
-- Written by Bret Kenwell in Petoskey, Mich.
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