Seeking Alpha
Profile| Send Message|
( followers)  

Stocks discussed on Jim Cramer's Stop Trading! TV Segment, Thursday June 3.

Hercules (NASDAQ:HERO), Seahawk (NASDAQ:HAWK), Pride International (NYSE:PDE), Apple (NASDAQ:AAPL), Sprint-Nextel (NYSE:S), Vodafone (NASDAQ:VOD), VMware (NYSE:VMW), Salesforce (NYSE:CRM), Oracle (NYSE:ORCL), Microsoft (NASDAQ:MSFT)

"This is the natural gas moment," declared Cramer, referring to Obama's mention of the bridge fuel. Cramer added it is about time the country recognized natural gas is a cleaner and more plentiful fuel and is the "least of all evils." In addition, the EPA tightened its standards for sulfur dioxide emissions, which is bad news for coal and good news for natural gas.

Shallow drillers Hercules Offshore (HERO), Seahawk Drilling (HAWK) and Pride International (PDE) will benefit if a proposal passes to build relief wells as a failsafe to prevent spills from existing wells.

In the smartphone space, Cramer likes Sprint-Nextel (S) ahead of its 4G rollout, Apple (AAPL) in spite of its chart and Vodafone (VOD) for its growth potential.

Finally, Cramer prefers VMware (VMW) and Salesforce (CRM) for cloud computing to derivative plays like Microsoft (MSFT) and Oracle (ORCL).


Jim Cramer was up 31% in 2009. Click here now to sign up for Jim's Action Alerts PLUS and trade alongside him. Special discount for Seeking Alpha users.

Get Cramer's Picks by email - it's free and takes only a few seconds to sign up

Source: Cramer's Stop Trading! The Natural Gas Moment (6/3/10)