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Natural gas is the place to be. Best of breed is XTO Energy (XTO) against competitors like Apache (APA) and Anadarko (APC). The upcoming offering will be a winner. Cramer said someone needs to put Lundin Mining (LMC) out of its misery with the downward guidance correction. Liz Claiborne (LIZ) had a difficult day as well with the thought that they should close down all properties other than Juicy Couture and Kate Spade.
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Original Source
14 February, 2008| Economy |
@ 23:45
For now agriculture is stuck for the moment but long term it is a good play. The earnings report today was great for Agrium Inc. (AGU) and Jim thinks The Mosaic Company (MOS) is a better play than AGU. There was some concern with Deere & Company (DE) not coming out and saying what the market wanted. Potash Corp./Saskatchewan (POT) rolled over. Cramer called the sector great for the long term with all of the above mentioned as plays except POT. Last natural gas was talked about as a group to watch as well. Ultra Petroleum Corp. (UPL) is a stock he likes. It was stated that the global switch to natural gas is underway.
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Original Source
14 February, 2008| Economy |
@ 13:23
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