Mad Mail: Will Gulf Spill Benefit NatGas?
For Monday’s Mad Mail, Randy in Oregon wondered if the recent Gulf of Mexico oil spill meant President Obama might finally warm to natural gas as a bridge fuel, an idea that Cramer has endorsed on Mad Money. But he said he doubted that would happen, even despite the disaster and the coal-mine explosion in West Virginia. Cramer said he was both “disappointed” and “amazed” that Washington hasn’t yet realized the potential of natural gas.
Steve asked if Anadarko’s falling share price was a chance to buy more, to which Cramer replied yes. “I wish I had had this question on Friday,” he said, “when the stock was down badly.” He thinks the stock is a buy, especially because of its great CEO, James Hackett.
And lastly, Andrew in New York asked Cramer for his opinion on ARM Holdings . “We think highly of it,” the Mad Money host said, adding that ARMH was a “terrific Internet tsunami play.” He also likes the company’s relationship with Apple . “ARMH is a winner,” Cramer said.
Cramer’s charitable trust owns Apple.
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