Jim Cramer makes positive comments on: NOV, SQM & ESV

August 21, 2006 6:15 PM EDT

Jim Cramer makes positive comments on National Oilwell Varco, Incorporated (NYSE: NOV), saying the company can continue to raise prices because the company's special rigs are in short supply. Cramer thinks the stock is a steal at $66.

Cramer makes positive comments on Chemical & Mining Co. of Chile Inc. (NYSE: SQM) which is a supplier of Lithium. Cramer cites the massive 4.1 million Dell Lithium battery recall.

Cramer also makes positive comments on Ensco International Inc. (NYSE: ESV), saying the company has raised prices and can continue to do so for offshore drilling contracts because of the short supply.


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Stocks Mentioned

ESV 46.11

-1.88 -3.92%
Volume: 4,104,427
Track ESV

NOV 44.98

-0.69 -1.51%
Volume: 2,972,274
Track NOV

SQM 39.25

+0.20 +0.51%
Volume: 383,494
Track SQM


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