Cramer Likes National Oilwell Varco For Natural Gas

Jim Cramer is on CNBC now and he is touting National Oilwell Varco NOV as a strong way to play the natural gas trade. As natural gas continues to rise, investors are increasingly looking for plays in the sector. Cramer said that he likes Natioanl Oilwell Varco because it is the most levered to making the equipment. At last check, shares of National Oilwell Varco were off 68 cents to $72.18, a loss of almost 1% on 2.8 million shares. National Oilwell Varco, Inc. designs, constructs, manufactures, and sells systems, components, and products used in oil and gas drilling and production.
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Posted In: CNBCLong IdeasJim CramerMediaTrading IdeasEnergyOil & Gas Equipment & Services
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