On tonight’s MAD MONEY on CNBC, Jim Cramer came out discussing oil and gas infrastructure, and said that a relatively small player name Willbros Group, Inc. (NYSE: WG) is a winner. The company focuses on pipelines and associated facilities for onshore, coastal, and offshore locations. He noted how the company sees $8 Billion worth of opportunity down the road in the coming years as we need several thousand more miles of pipeline both upstream and midstream. This one also only has a $1.2 Billion market cap. Cramer noted this is at the heart of the return of the natural gas and infrastructure theme.
This closed down 2.6% today at $34.78 and the 52-week range is $20.05 to $62.04. Cramer’s target: $45.00.
- Last night Cramer called FMC a hidden Agriculture trade.
- He’s also got picks in Brazil.
- Despite a sharp rebound from lows, he’s still anti-tech.
- There is also this XTO secondary that hurt the stock, but everyone keeps talking it up.
Jon C. Ogg
February 14, 2008
Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
