Jim Cramer said tonight on CNBC’s MAD MONEY that Fuel-Tech, Inc. (FTEK-NASDAQ) is the ultimate speculative play on GREEN INVESTING.  This is purely speculative, as it allows power plants to burn coal in a clean manner and to burn less coal for more power.  This one is winning more contracts and will force coal powered plants to go greener.  Cramer even said they are winning deals galore in China now.

This closed at $22.00 today, and its 52-week trading range is $10.07 to $29.68; the stock is up 7% at $23.55 in after-hours.  Its P/E is 78 and trades at 48-times 2007 estimates and 33-times 2008 estimates. 

Jon C. Ogg
April 20, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.