Something big just happened, and Cramer wants you to know about it.
"The hideous winter weather here in the United States caused the price of natural gas to spike up to the highest levels in five years, at one point rising above $6 per million British thermal units," Cramer said.
Even if the increase is short-lived, Cramer thinks that move demands attention.
"For years now we've had a horrendous natural gas glut, and the recent action suggests to me the glut might not be as endless as it's seemed," Cramer said.
If that's the case, Cramer thinks energy stocks belong on your radar.
And of all the energy stocks on the market, Rice Energy has recently captured the "Mad Money" host's attention for its profit potential.
"It's a company that gets all of its current production from 44 thousand acres in the Southwestern Pennsylvania area of the Marcellus Shale. And right now the stock is valued as though that's the company's only acreage. But Rice also has 47 thousand acres in Ohio's Utica shale, where they're currently drilling aggressively."
Got that?
"In other words, you're basically getting the Utica holdings for free," Cramer said.
On top of the real estate, Cramer is impressed with the way in which CEO Daniel Rice runs the company.
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"Rice has been a very low cost driller in the Marcellus, with drilling and completion costs of just 70 cents per thousand cubic feet of proved reserves," Cramer explained.
That kind of execution could translate into profits, even if nat gas declines. "I think you have to expect it given that the weather's getting warmer," Cramer said.
However, "If Rice is as efficient in the Utica as he is in the Marcellus, then this stock could still have more room to run."
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