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NEW YORK ( TheStreet) -- After last night's presidential debate, the markets were abuzz with ideas of how to profit from an Obama or Romney win. That's why Jim Cramer offered his take on the event for his "Mad Money" viewers Thursday to help separate the facts from the fiction. Cramer said while Mitt Romney supports North American energy independence, that's not a sign to buy the coal stocks. Coal's fate rests with Chinese demand, not U.S. demand. He said the real beneficiaries would be utilities American Electric Power ( AEP) and Southern Company ( SO), which would likely spend less to update their coal-fired power plants under Romney. Cramer also gave the nod to buy Union Pacific ( UNP), which is levered to cleaner coal. In the aerospace and defense sector, Cramer said General Dynamic ( GD) would prosper under Romney, but its corporate jet division, Gulfstream, suffer under President Obama. The opposite is try for automaker Tesla ( TSLA), which would be no friend of Romney. In the oil patch, Cramer said that Schlumberger ( SLB) and National Oilwell Varco ( NOV) would benefit from a Romney win, as would regional banks like Huntington Bancshares ( HBAN), US Bancorp ( USB) and KeyCorp ( KEY), a stock Cramer owns for his charitable trust,