RealMoney Radio: Gas and Go

Cramer says that recent hurricaine news means a play on gas stocks such as Chesapeake.
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"We are one hurricane away from using up all the natural gas we have," Jim Cramer said on his

"RealMoney" radio show Tuesday.

He added that such an event would reverse the recent declines in gas prices.

Newspapers across the country were focusing on what damage the forthcoming hurricane season might cause to the U.S. economy, he said.

But it was the potential for disruption to gas supply that really has Cramer excited. That's because, although there is potential for shortages, the price of gas does not reflect that possibility.

"Gas has gone to fifteen-month lows," he said, adding that natural gas prices have recently retreated along with the commodity-price pullback. As a result, natural gas stocks were battered.

Cramer believes that the way to make money is to take advantage of cheap prices and buy gas stocks now.

Chesapeake Energy

(CHK) - Get Report

"is the best-run natural gas company in the world," he said and urged investors to buy the stock.

The pullback in gas is part of a wider commodity market-price weakness, but like the characters in George Orwell's

Animal Farm

, not all sectors hurt by the soft patch are equal.

Cramer believes that at the forefront of the pullback were metals companies such as gold producers.

"I don't have a lot of good feeling about gold," Cramer said. "You typically get a nice bounce after a big decline," he said about today's uptick in the gold price, adding that it might be a good opportunity to ditch gold stocks.

The market route has also driven down technology stock prices in such companies as

Intel

(INTL) - Get Report

,

Dell

(DELL) - Get Report

,

Cisco Systems

(CSCO) - Get Report

and

Microsoft

(MSFT) - Get Report

, but that doesn't mean Cramer is bullish on the sector.

Cramer owns Microsoft for his

Action Alerts PLUS charitable trust.

"I can tell you about a stock being cheap," Cramer said, "but that doesn't mean it's going up. There is not enough news in the pipeline to lift technology stocks."

To see the most recent edition of The RealMoney Radio Recap in its entirety, please click here. This recap is published every day around 3 p.m. ET.

At the time of publication, Cramer was long Microsoft.

James J. Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, 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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