NEW YORK (TheStreet) -- Jim Cramer fills his blog on RealMoney every day with his up-to-the-minute reactions to what's happening in the market and his legendary ahead-of-the-crowd ideas. This week he blogged on:
- Emerge Energy Services and its trajectory, and
- What's propping up retail.
Click here for information on RealMoney, where you can see all the blogs, including Jim Cramer's -- and reader comments -- in real time.
The Hottest Stock I Follow
Posted at 4:15 p.m. EST on Friday, Aug. 29, 2014
You may not know Emerge Energy Services (EMES) , a company I have had on "Mad Money" a couple of times. But the trajectory of this one speaks loudly about these last few days.
It's the largest frack sand company and the company is doing everything it can to ship as much sand as possible around the country to meet fracking needs. It's big bottleneck? It needs to double the number of railcars it has to get the sand to where it has to be. Emerge has the hottest stock of any I follow, including Tesla (TSLA) and Netflix (NFLX) . It has the greatest demand of any company I know and it shows no sign of letting up because it is a superior replacement for ceramic proppant, which is now costing too much if you want to drill and drill fast.
And who wants to drill and drill fast? How about WPX Energy (WPX) ? How aboutCimarex Energy (XEC) ? How about Anadarko (APC) , Continental (CLR) , Noble (NBL) , Apache (APA) , Marathon (MPC) , Carrizo (CRZO) , Range (RRC) , Cabot (COG) andPioneer (PES) ? These companies and dozens like them are all going full out and can't get the oil out fast enough. There had been fear that this quarter would have the production growth, but not the product price. There is also fear that there isn't enough space to put the stuff. But I think that the good ones have the pipe and will get it to the market.