Go Symbol Lookup
Loading...

The Only Oil Tanker Company Cramer Has Confidence In

 Text Size  
Published: Monday, 8 Aug 2011 | 6:57 PM ET
By: | Producer
NAT: Sinking Ship or Titan Tanker?
NAT's fleet will include two new fleets to be delivered in August and September, with Herbjorn Hansson, Nordic American Tanker chairman & CEO, and Mad Money host Jim Cramer.

Even though the Dow skidded 600 points for the worst day since the credit crisis, Cramer on Monday said some sectors stand out as being "particularly horrible."

Take the oil tanker industry, for example. Cramer is very cautious about this space. After all, many of the tanker companies have taken on too much debt to buy ships and expand, even though rates have plummeted.

There is, however, just one tanker company that he has confidence in: Nordic American Tanker . To learn more about its future prospects, Cramer welcomed CEO Herbjorn Hansson back to "Mad Money." Check out the video to see the full interview.

Call Cramer: 1-800-743-CNBC

Questions for Cramer? madmoney@cnbc.com

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

 Print
The "Mad Money" host chats with its top executive.
  Price   Change %Change
Naturally Advanced Technologies ---

   
Comments

 

More Comments

 
 

Add Comments

 

Your Comments (Up to 1100 characters):

Remaining characters

Your comments have not been posted yet.

Please review your submission to make sure you are comfortable with your entry.

Your Comments:


                
            
            
        

Featured

Contact Mad Money

  • Showtimes

    Monday - Friday 6p | 11p ET
  • 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

  • Grab the latest CNBC gear from the NBCUniversal Store!

  • Get a behind-the-scenes look at how Cramer formulates his investment advice. "Inside the Madness" is a column, which features e-mails and more with Cramer and his researcher Nicole Urken.

  • You’ve always wanted to hit the “Hallelujah!” button. Here’s your chance.