Cramer on Wednesday said domestic oil production is a major long-term trend that could produce terrific, multi-year gains, but only if investors pick the right stocks.
The “Mad Money” host likes Continental Resources because it is the No. 1 producer in the Bakken shale, the oil-rich region of western North Dakota that could very well be the greatest oil find in a generation. It seems things are going well in the Peace Garden State, too, because Continental Resources delivered strong earnings results on Wednesday. It saw a 57 percent year-over-year increase in daily production.
To “drill” deeper into Continental Resources’ earnings, Cramer welcomed CEO Harold Hamm onto the program. Watch the video to see the full interview with Harold Hamm.
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