May 12 (Bloomberg) -- 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., 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., 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. He told a caller seeking to gain from Chinese energy demand that Huaneng Power International Inc. was less recommended than Foster Wheeler Ltd.
After an interview with Microchip Technology Inc.'s Chief Executive Officer Steve Sanghi, Cramer told viewers not to buy the company's stock.
Cramer recommended Tenaris SA, Openwave Systems Inc., Votorantim Celulose e Papel SA, Fluor Corp., MacDermid Inc., Crocs Inc., and Foster Wheeler Ltd. in response to questions during the show's ``Lightning Round'' segment.
He told viewers to avoid Powerwave Technologies Inc. and Pacific Ethanol Inc. He said they shouldn't buy Sirius Satellite Radio Inc. and shouldn't sell shares of Microsoft Corp. He said to buy shares of Goldcorp Inc. if they decline to $35.
He said he owns shares of URS Corp. for his charitable trust.
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