Publish date:

Jim Cramer's Stop Trading! Buy Halliburton

Cramer likes the energy services play.



(HAL) - Get Halliburton Company (HAL) Report

, Jim Cramer said Tuesday on


's "Stop Trading!" segment.

Cramer called the oil-and-gas play a "coiled spring" and said shorts haven't covered, offering investors "a rare opportunity" to play the stock.

Cramer also shrugged off talk that the government might intervene in the oil market over high gas prices, saying the "bottleneck is in refining" and that the problem won't ease till someone is able to build more refineries in this nation.

TheStreet Recommends

At the time of publication, Cramer was long Halliburton.

Jim Cramer is a director and co-founder of He contributes daily market commentary for's sites and serves as an adviser to the company's CEO. Outside contributing columnists for and, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for

Action Alerts PLUS. Watch Cramer on "Mad Money" weeknights on CNBC. Click

here to order Cramer's latest book, "Mad Money: Watch TV, Get Rich," click

here to order his book, "Real Money: Sane Investing in an Insane World," click

here to get his second book, "You Got Screwed!" and click

here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by

clicking here. has a revenue-sharing relationship with Traders' Library under which it receives a portion of the revenue from Traders' Library purchases by customers directed there from