Cramer's Top 5 Oil Picks
24127 views
Rate Now: 1 2 3 4

average rating: 3.71 / 7 ratings
Created by Pam
DESCRIPTION:

Date updated:03-13-2007

Jim Cramer mentioned his Top 5 Oil Opportunity Picks on Mad Money on March 12, 2007. Here they are.

Right now there is an opportunity in the oil patch because market players "are not looking at the right things," he said. People are looking at the weather and inventory numbers, but this makes no sense because inventories and weather are both fleeting. "If you're trying to determine a company's future earnings per share, you can't look at it on its own," Cramer said.

Jim thinks the real money is going to be made in the drilling sector with oil plays. His five picks are Schlumberger Limited (SLB), National Oilwell Varco Inc (NOV), GlobalSantaFe Corporation (GSF), The Halliburton Company (HAL), which he owns for his trust, and his favorite pick Transocean Inc (RIG), which he also owns for his trust.

symbol name last price % change open
  • +
  • SLB
    Schlumberger Ltd.
  • $59.18
  • +0.02%
  • $58.81

No Analysis added

People owning SLB also tend to own: AXAFDXNOKNUERTPTMAAPL

TheStreet.com Rating: C What is this?

  • +
  • NOV
    National Oilwell
  • $40.08
  • 0.00%
  • $39.76

No Analysis added

People owning NOV also tend to own: ACIAINVANRAPCBBDBTUCHK

TheStreet.com Rating: C What is this?

  • +
  • GSF
    Gsf
  • $0.00
  • N/A
  • $N/A

No Analysis added

People owning GSF also tend to own: ACIBJSBTUCNXCWEIDNRDO

TheStreet.com Rating: A What is this?

  • +
  • HAL
    Halliburton Compa
  • $23.65
  • 0.00%
  • $23.71

No Analysis added

People owning HAL also tend to own: ATIMFLXTEXTIEAIGBAC

TheStreet.com Rating: C What is this?

  • +
  • RIG
    Transocean Ltd
  • $83.76
  • 0.00%
  • $82.90

No Analysis added

People owning RIG also tend to own: GSFHPNBRAAPLADBEBBYCMCSA

TheStreet.com Rating: C+ What is this?

 

Start Price

Return Value

Start Date
SLB 65.00 -8.95% Mar 13th
NOV 72.47 -44.69% Mar 13th
GSF 58.43 ------ Mar 13th
HAL 32.19 -26.53% Mar 13th
RIG 76.62 +9.32% Mar 13th

Average return:

 -17.71%

Success rate:

 25%

Tracking Started: 03-13-2007

Comments not available

ADD YOUR COMMENTS:

latest articles | popular forums
Four Must-See Charts: Stem Cell ...

By Stockpickr Staff Posted on July 2, 2009 Developments in the stem cell world are starting to get very interesting. On Tuesday, General Electric (GE) signed an exc...

07.02.09 | 15:19 PM
Stockpickr's Picks of the Day: J...

By Rebecca Corvino Posted on July 2, 2009 Every day, Stockpickr members are creating and sharing stock ideas with each other through various platforms. If you're not al...

07.02.09 | 13:43 PM
Cramer's Take on Headline Stocks...

By Rebecca Corvino Posted at 12:30 p.m. EDT on July 2, 2009 Making Thursday's headlines and sending stocks lower were reports that June saw the loss of 467,000 more job...

07.02.09 | 12:31 PM
Dividend Stocks for the Week

By Stockpickr Staff Posted on July 2, 2009 Some investors assume that at this time of year, it's the summer doldrums for the stock market. After all, as the saying goe...

07.02.09 | 11:02 AM
more articles
General market Technical Analysi...
11.14.07 | 22:55 PM From author ZA
The Presidential/Political Thread
01.02.08 | 08:05 AM From author Dave Cox
Speculation and Rumors
05.22.09 | 01:01 AM From author DaveOfDuke
Nymph's Trading Daily Trading Diary
04.13.09 | 01:10 AM From author Trading Nymph
more forums
recent answers | popular answers
bubble(0)
today 's lists
Stocks With Unusual Option Activity

Unusually active options can often indicate that a major event in a stock is about to take place, or that unsophisticated investors (using options in lieu of leverage) are ... more

Cramer's Lightning Round

These are the stocks from Jim Cramer's June 26 Lightning Round. We list the stocks on which he is BULLISH and BEARISH.... more

Rising on Unusual Volume

Here are some stocks that moved up on unusual volume on July 1, 2009. more

show all today's lists