NEW YORK (TheStreet) -- On his Monday Stop Trading! segment on CNBC, Jim Cramer said that there's too much natural gas in the U.S., and other countries like Korea, which is investing $200 million in Chesapeake Energy (CHK) - Get Chesapeake Energy Corporation Report, want it.
"We're going to be an exporter," Cramer said. "There's no end to number of foreigners wanting to get into it," and "stocks are really starting to factor in" that notion. Still, Cramer laments that natural gas doesn't seem to be getting the recognition that it deserves from the government, which continues to favor coal.
For investors who are interested in investing in nat gas, Cramer says he doesn't think that the
United States Natural Gas Fund
is the best way to go about it, and instead recommends Chesapeake.
China's announcement that it could become more flexible with its currency was the focus of the markets' attention on Monday. However, Cramer reminded his viewers not to forget about the weak euro situation, which retailers like
( JCG) have been taking advantage of.
Cramer also urged viewers to consider
( STD) stock. "People will buy the stock," he said. "It's a bad short." Cramer said he admires how the company, over the just the last four weeks, has been able to change its complexion and appear less involved in Spain. Another financial stock Cramer said he's interested in is
, given its successful IPO and the fact that it doesn't have financial regulation problems.
Cramer also expressed optimism for
due to the fact the "everyone needs more towers," including
Cramer's 'Stop Trading': BP, Marathon
Click here for Cramer's Friday Stop Trading! segment.
-- Reported by Andrea Tse in New York
>>06/18 Cramer's 'Stop Trading': BP, Marathon
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