NEW YORK (TheStreet) -- TheStreet's Jim Cramer and Stephanie Link, co-manager of the Action Alerts Plus portfolio, look at some ways to play the energy sector.
Cramer was quick to say that it it's a mistake for oil plays to not move higher with geopolitical tensions escalating around Syria and probable U.S. military action.
He added that he likes
, but that
Anadarko Petroleum Corp.
has plenty of potential, too.
The latter has been focusing more heavily on developing its operations in the United States and selling its holdings in assets that are systematically undervalued.
Anadarko is trying to become a major, Cramer said, a company like
Link added that unlike Exxon, which has production growth of only 2% to 3%, Anadarko could have production growth of 7% to 9%, and recently doubled its dividend.
The company is expected to invest some of the proceeds of its recent $2.6 billion sale of a stake in Mozambique in its operations in the Permian basin and Eagleford Shale.
Cramer concluded that Anardarko could reach double-digit production growth from Eagleford and believes the stock could go to $100.
-- Written by Bret Kenwell in Petoskey, Mich.
Bret Kenwell currently writes, blogs and also contributes to Robert Weinstein's Weekly Options Newsletter. Focuses on short-to-intermediate-term trading opportunities that can be exposed via options. He prefers to use debit trades on momentum setups and credit trades on support/resistance setups. He also focuses on building long-term wealth by searching for consistent, quality dividend paying companies and long-term growth companies. He considers himself the surfer, not the wave, in relation to the market and himself. He has no allegiance to either the bull side or the bear side.