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On Thursday's "Mad Money" show, Jim Cramer said that "Washington matters to Wall Street," and he offered evidence in a few stocks that relate to specific Obama actions.

For example,

Capital One

(COF) - Get Capital One Financial Corporation Report

is affected by Obama's credit card bill, which limits what the company can charge its cardholders in fees.

Carbon's under attack with the new administration, as well, affecting coal, steel and utility stocks, including

Southern Company

(SO) - Get Southern Company Report


On Friday, Capital One lost $1.01, or 4.4%, to close at $21.92, while Southern added 34 cents, or 1.2%, to $27.70.

Cramer said that with the increase in the price of oil and decrease in the price of natural gas,

Anadarko Petroleum

(APC) - Get Anadarko Petroleum Corporation Report

is the play, as 65% of its production comes from natural gas. He said it had risen 12% since he recommended it on Jan. 12. He said Anadarko's May 12 secondary offering, while bad for shareholders, enabled the company to clean up its balance sheet.

On Friday, Anadarko slid 16 cents to close at $43.15.

Cramer said he'd made a mistake when he put

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TheStreet Recommends

Northrop Grumman

(NOC) - Get Northrop Grumman Corporation Report

on the Sell Block in March because he thought Obama would go after the defense industry. But the current defense budget is 4% higher than it was last year, and Northrop Grumman recently raised its dividend. He changed his recommendation on the stock to a buy, especially at less than $43 a share.

On Friday, Northrop Grumman closed down 11 cents at $48.03.

In his

"Lightning Round" segment

, Cramer said that


(WMT) - Get Walmart Inc. Report

is his favorite retailer and called it the "best in the land."

On Friday, Wal-Mart added 14 cents to $49.25.

Carmer said Wal-Mart is coming in on

PetMed Express

(PETS) - Get PetMed Express, Inc. Report

and that he's not a fan of the latter stock.

On Friday, PetMed Express closed down 4 cents to $14.90.

He told viewers to "stick with"


(BLK) - Get BlackRock, Inc. Report


On Friday, Blackrock lost 29 cents, or 1.1%, to close at $26.91.

At the time of publication, Cramer was long Wal-Mart.

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

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