Enter multiple symbols separated by commas

Playing Higher Met Coal Prices

Metallurgical coal prices are going up, Cramer said Friday. The "Mad Money" host recommends playing the increases through Walter Energy .

Based in Tampa, Fla., it is the only pure play on met coal in the U.S. and exports nearly 100 percent of what it mines, Cramer said. Walter has the most open contracts, meaning it's in the best position to benefit from massive price increases. In turn, it's stock has traded up on the recent spike in the price of met coal.

Cramer originally recommended WLT on March 9, 2010 at $86.11. Since then, it's went up by 49 percent and he thinks it could climb higher. Watch the video to see Cramer's full thoughts on Walter Energy.

Call Cramer: 1-800-743-CNBC

Questions for Cramer? madmoney@cnbc.com

Questions, comments, suggestions for the Mad Money Web site? madcap@cnbc.com

Contact Mad Money

  • Showtimes

    Monday - Friday 6p ET
    Saturday 8a, 1p, 7p SYD
    Sunday 12a, 1a, 8a, 7p SYD
    New Zealand
    Saturday 10a, 3p, 9p NZ
    Sunday 2a, 3a, 10a, 9p NZ
  • Jim Cramer

    Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."

Mad Money Features

Mad Money Moments

Cramer's New Book