Monday, August 24, 2009

Anadarko is Cramers's latest natural gas play

A natural gas derivative

Cramer is back on a natural gas kick. Last year, Cramer used his Mad Money show to highlight Boone Pickens' plan for a natural gas transportation system. Later, Cramer called out Pickens for the fact that nothing of the Pickens Plan had materialized.

In recent weeks, however, Cramer has been much more supportive of the natural gas industry, particularly considering natural gas legislation is now working its way through Congress. Thus, recently, Cramer has recommended companies like Fuel Systems Solutions and Encena.

Today, Cramer recommended Anadarko Petroleum is a natural gas derivative play.

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