For example, UPS has announced plans to purchase about 700 liquefied natural gas 18-wheelers and build four refueling stations to serve its heavy-weight rigs by the end of 2014.
Chart is also becoming a major player in China, which is farther along in its adoption of natural gas as a transportation fuel. The company earlier this year landed two contracts worth a combined $85 million to provide equipment to PetroChina.
That's not to say Chart Industries is not without skeptics.
Critics argue that at 20 times next year's estimates shares are expensive. The average multiple for companies in the industrial machinery industry is about 13.5, according to Thomson Reuters data.
Also skeptics argue that any hiccup in the development of nat gas could send shares tumbling.
Nonetheless, it appears the Street largely sees significant potential ahead.
Of sixteen analysts surveyed by Thomson Reuters I/B/E/S, 11 have "buy" or "strong buy" recommendations, while the remaining five rate the stock a "hold."
Clough Capital, which has about $4.2 billion under management, bought Chart stock a little more than a year ago and had 130,800 shares at the end of the first quarter.
"We think this is really just beginning," said Jim Canty, a portfolio manager with Clough Capital. "We think we can hold it for multiple years," he said.
"I've liked this stock for a long time," Cramer reminded. "it's good for everybody including shareholders."
*Reuters contributed to this report