Mad Money Mailbag: Keeping Up With Nabors

Cramer is bullish on the company's fundamental growth outlook.
Author:
Publish date:

Editor's note: The following are questions received from viewers of "Mad Money," seen every day at 6 p.m. EST on CNBC.

Nabors Industries (NBR) - Get Report has dropped a few points below its moving average. Where do you think the stock is headed from here?-- Kyle from Florida

Jim Cramer

: Technical analysis is a popular trading tool, although it's too complex to try to give a primer in this space. Charts aside, I'm bullish on the company's fundamental growth outlook and believe that shares of the energy driller could trade back over $70 by midyear.

Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by

clicking here

.