PetroChina Co., China's biggest oil company, will rise with the booming Chinese economy, Jim Cramer said on his ``Mad Money'' television program on CNBC.
The company's competitive advantages include ``near-infinite financing from the Chinese government,'' inside information about Chinese domestic demand and an aggressive drilling program in risky locations such as Sudan, said Cramer, a market commentator and former hedge-fund manager.
Buhrmann NV could be purchased by Office Depot, Cramer said, citing a report from Citigroup analyst Bill Sims. He strongly recommended that viewers buy shares of the Dutch wholesaler of office products.
Rentech Inc. (RTK:US), an Illinois fertilizer manufacturer, could become a large producer of natural gas and liquid fuels from coal using the Fischer-Tropsch process, Cramer said. He called the Denver-based company a ``speculative play.'' He told viewers not to buy shares of a larger competitor, Sasol.
In response to a caller, Cramer said Ormat Technologies Inc. (ORA:US), a builder of geothermal power plants, could gain from demand for energy. He said to avoid windmill-maker Zoltek Cos. as ``played out.''
He told a caller seeking to gain from coal scrubbers to buy shares of URS Corp. (URS:US) He told a caller seeking to gain from Chinese energy demand that Huaneng Power International Inc. (600011) was less recommended than Foster Wheeler Ltd.
After an interview with Microchip Technology Inc. (MCHP:US)'s Chief Executive Officer Steve Sanghi, Cramer told viewers not to buy the company's stock.
Cramer recommended Tenaris SA (TEN), Openwave Systems Inc., Votorantim Celulose e Papel SA, Fluor Corp. (FLR:US), MacDermid Inc., Crocs Inc. (CROX:US), and Foster Wheeler Ltd. in response to questions during the show's ``Lightning Round'' segment.
He told viewers to avoid Powerwave Technologies Inc. (PWAV:US) and Pacific Ethanol Inc. (PEIX:US) He said they shouldn't buy Sirius Satellite Radio Inc. and shouldn't sell shares of Microsoft Corp. (MSFT:US) He said to buy shares of Goldcorp Inc. (G) if they decline to $35.
He said he owns shares of URS Corp. for his charitable trust.
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