Cramer's Lightning Round - The Most Asked-About Energy Stock (4/30/10)

by: Miriam Metzinger

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Friday April 30.

Bullish Calls:

Sandridge Energy (NYSE:SD): "I get more questions on this stock than almost any other stock right now...This is a $7 oil and gas play that I want you to buy… put it away and do not worry about it… it has got one of the least risk profiles… it is growing… do not worry about Sandridge, Sandridge is a buy… Stick with it."

International Paper (NYSE:IP): "That quarter was great… box prices are going up… the stock has now had a 10% pullback… I think that that is where you want to get started building a position in IP."

Best Buy (NYSE:BBY): "Best Buy went down $2 today…all of the great companies that sell into Best Buy are saying things are great… I think that that is a better buy… pull the trigger, BBY."

Shaw (NYSE:SHAW): "Do we have a lot of new nuclear plants on the agenda? No, we do not… but we should… that is why I want to be in Shaw… because Shaw does nuclear around the world… it will eventually come here… Shaw is your better play."

American Superconductor (NASDAQ:AMSC): "I have to tell you, I have liked this company for a very long time… I have now seen it sold off… it has been beaten up.. .they just crushed it and whipped it… I like American Superconductor for the long term… Why? Because it is an energy technology company, and those will win, if you follow my $100 oil target."

Cheesecake Factory (NASDAQ:CAKE): "I think that it is going to be a good quarter… I believe in the restaurant bull market… I think CAKE is a buy."

Bearish Calls:

Cliffs Natural Resources (NYSE:CLF): "I am telling you that I like the stock.. give it berth… this is a market that is taking apart the stocks that are up a lot… and Cliffs is up for the year, I think that that is really the problem.. I think that it has had such a monster run, yes, it is up 170% year over year… that is what is causing the problem… Let people ring the register and then you buy it when it comes lower."

Energy Solutions (NYSE:ES-OLD): "You know what, I do not want a pure play…I actually want Shaw."

Rovi Corporation (NASDAQ:ROVI): "Yeah, I have looked at this… this is like it has got a home entertainment… let me tell you, digital management, I would rather buy Best Buy."


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