On a recent Mad Money show, Cramer recommended Canadian Natural Resources (CNQ), the second largest oil and natural gas producer in Canada. Cramer believes that CNQ has been penalized as a result of the company's Horizon oil shale project, where cost overruns and delays have translated into a weak stock price. When this project finally gets going it has the capacity to produce up to 110,000 barrels of oil a day. "This is huge," said Cramer, who again pointed out that investors are missing the bigger picture and huge opportunity due to the flurry of negative media reports. CNQ's current oil production is only 609,000 barrels of oil a day. And the company is estimated to have up to 3.6 billion cubic feet of potential reserves. Cramer said he thinks CNQ could become the next Apache (APA) or Anadarko (APC). The stock has a PE of 13 and Cramer feels it should trade at a premium to the industry wide PE of 14. This is definitely a stock that deserves some attention.

Another popular stock today was Boeing (BA). The aerospace giant has been in the news lately for a variety of reasons but nost notably for announcing another expected delay for its new Dreamliner 787. The company did note that it expects no change to 2008 earnings guidance. Cramer’s most recent stance on Boeing: "Oh come on, if that one ever goes back to $75, I want you in it. I don't think Airbus is doing any better than they are."

From 4-9-08: “Sanity is setting in by the way on Washington Mutual (WM). If JPMorgan was willing to pay $8 and change for control, why should this package be worth more for a lack of control? Hard to figure. I remain very negative on the situation.”

From 4-10-08: Manitowoc (MTW): "I liked that quarter, but the Street has turned on that stock and it's still going lower. They need to sell that ice machine business, then I'd be all over it like a cheap suit."

From 4-10-08: Schlumberger (SLB): "I think you're fine with this one. The CEO said this was a transition year, but I don't know how he could go wrong in this environment."

From 4-10-08: Motorola (MOT): "Oh man, that industry has just gotten too hard. I'm not recommending any tech stocks right here. I don't want any tech stocks other than Apple."

From 4-10-08: Veolia Environnement (VE): "It's an interesting French company, but that's not the one I want you to own. You can't make money on water. I'm bearish on everything water."

From 4-10-08: Cramer welcomed Peter Marrone, chairman and CEO of Yamana Gold, a stock which he owns for Action Alerts PLUS, to the show to discuss the company's recent production problems. Marrone called Yamana's disappointing quarter a transition period due to its recent large acquisition. He defended the acquisition, saying he didn't feel he overpaid for the assets and explained that its still cheaper to purchase existing production than it is to develop new projects. After the interview, Cramer remained skeptical. Although Yamana's production issues have tarnished the company's reputation as a solid performer, he said he will continue to own it and buy more.