Date updated:02-13-2008
Cramer said the rally, which saw the Dow up 178.83 points and Nasdaq up 53.80 points, had nothing to do with a strong retail sales report, but rather the strength in oil prices. "Oil is the umbrella that makes everything else work."
Cramer likened the day's rally to many similar ones in 2007, when oil prices rallied despite high oil inventories. Cramer noted higher oil prices affects many different stocks and sectors.

-
FSLR
First Solar - $184.50
- -2.41%
- $187.61
They include stocks like First Solar (FSLR), which reported a better-than-expected quarter and also surprised with upside guidance

-
AMAT
Applied Materials - $11.61
- -3.73%
- $11.82
Cramer expects strength in First Solar to also spill over into other alternative energy plays like Applied Materials (AMAT) and MEMC Electronics (WFR).

-
UPL
Ultra Petroleum C - $47.19
- 0.00%
- $47.37
The oil umbrella will also carry the natural gas stocks. Cramer likes Ultra Petroleum (UPL), Apache (APA), Anadarko (APC) and XTO Energy (XTO), which he owns for his charitable trust, Action Alerts PLUS.

-
APA
Apache Corp. - $85.57
- 0.00%
- $85.58
The oil umbrella will also carry the natural gas stocks. Cramer likes Ultra Petroleum (UPL), Apache (APA), Anadarko (APC) and XTO Energy (XTO), which he owns for his charitable trust, Action Alerts PLUS.

-
XTO
Xto Energy - $43.15
- 0.00%
- $44.02
The oil umbrella will also carry the natural gas stocks. Cramer likes Ultra Petroleum (UPL), Apache (APA), Anadarko (APC) and XTO Energy (XTO), which he owns for his charitable trust, Action Alerts PLUS.

-
ACI
Arch Coal - $19.12
- 0.00%
- $19.30
Cramer also says coal stocks such as Arch Coal (ACI) and Peabody Energy (BTU) will work well.

-
BTU
Peabody Energy Co - $35.73
- 0.00%
- $35.56
Cramer also says coal stocks such as Arch Coal (ACI) and Peabody Energy (BTU) will work well.

-
CSX
Csx Corp. - $34.29
- +1.72%
- $33.63
Cramer says the oil umbrella extends to rail stocks like CSX (CSX).
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