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Friday, May 12th 2006

'Fine China'

PTR  (PETROCHINA CO ADS)

"
Oil's one of the things that's still working here - although not today - I'd be stocking up in this miserable market in something that I kind of feel like is something of a Tyrannosaurus Rex in the room.  A stock that no one talks about, even though its presence is unavoidable.

Cramer's sleeper stock.

This stock is hidden in plain sight.

The stock is PetroChina Co. Ltd. PTR !

This thing gets the total cold shoulder here in America.  But I think you should be buying it - buy, buy, buy! - with abandon.

PTR is a huge, huge co.  It's a $200 billion co.  It's got its hands on oil everywhere; it drills like oil is worth what we're paying for it.  And it's got the full weight of the Chinese communists behind it.  Yet, PTR is unloved in America. 

It's unloved because we've been brainwashed; we've always hated Chinese co.s...especially on Mad Money, because they're so used to cooking up their financials.  In China, you're practically encouraged to cook the books, to make things look really good for the party!

But, you know what?  Warren Buffet - who bought PTR much lower, and is probably laughing at me for talking about it in a positive way - he owns 10% of this co.  And I'm sure he's watching this show.

Think what you will about Buffet.  We can be pretty darn sure that we would never buy a stock if he were concerned that it wasn't on the level.

All right, the Chinese also have been dead right about knowing that oil is going higher!

You know why?  They have inside information about their own demand for oil!  Since China's driving this tight oil market, this is pretty precious information to have.

PTR - and I'm sure the govt clues them in since their ultimately state-owned - has been buying up oil everywhere, and I do mean everywhere.

They also have near infinite financing from the Chinese govt to make acquisitions, which is what we saw when CNO tried to take over Unocal over the summer.  They lost to Chevron.

In fact, I'm willing to declare right now, that PTR is the kindest, bravest, warmest, most wonderful oil co. I have ever known in my life.  It's the veritable queen of diamonds of oil.  It's the Manchurian Candidates of oil co.s.

PTR, as the Manchurian Candidates of oils, could replace the president of oil - Exxon  (bear), because Exxon still thinks oil's going back to $12 (a barrel) and drills like it!

In addition to being soul-less, to being a black-hearted co. - a company that makes XOM look like a bunch of teddy bears - PTR's pretty cheap!  A good dividend.  I'll take that 3.5% dividend yield any day.  And the Chinese market is already up 50%, so you can bet that PTR is going to do well, just out of proximity.

Hot markets beget more money.  More money's going into China, which will move up PTR.

The bottom line!:
  PTR, unlike the original Raymond Shaw, should not disappoint its communist masters!  That means it shouldn't disappoint you either!  So leave your principals at the door.  That's right.  Check 'em and buy PTR!
"

 
"Interview with Steve Sanghi, CEO of MCHP"
MCHP  (MICROCHIP TECHNOLOGY INCORPORATED )

Has the guy on the show and still issues a dont buy!  Gotta love Cramer, always looking out for us. 
                                    read the full story!
                            

"Fine China"
PTR  (PETROCHINA CO ADS)

A chinese oil company that Jim says is like Black Gold.

read the full story!

"Coal Hearted"
RTK  (RENTECH INC)

A small cap coal company with clean, new energy product.

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"Office Suprise"
BUH  (BUHRMANN NV ADS)

A company that could be bought by Office Depot.

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