'Mad Money' Spotlight: Cramer's Coal Picks

Jim Cramer told a caller that if you want to play coal right, make room for Peabody Energy(BTU Quote) and take a pass on Patriot Coal(PCX Quote).

Peabody Energy and Patriot Coal were down 7.1% and 8.3%, as many of the major coal stocks were beaten up in early morning trading.

So why is Cramer not feeling love for Patriot Coal? It could have something to do with recent news. At the end of April, Patriot Coal reduced its 2009 production outlook to between 34 million to 36 million tons. That's down from the 36 million to 38 million tons announced previously. Today, the company cut back its production outlook by another sliver to between 33.5 million and 35 million tons. ...