On tonights MAD MONEY on CNBC, Jim Cramer wanted to pitch in on covering the green-tech stocks. He says he has no politics on his calls because he is just looking at these as opportunities to make money. Cramer’s green stocks are up 68% on average since he covered that Massachusetts ruling back in April. His stocks from back then and here are his reviews now:
- Shaw (SGR) up from $30 by 146% in nuke power infrastructure he thinks it can still double.
- Foster Wheeler (FWLT) up 99% and being driven by non-green demand, it’s still a favorite but for another reason.
- Borg Warner (BWA) is up 38% and still has legs in cleaner engine parts, Cramer thinks it goes higher.
- OM Group (OMG) is actually down on refining cobalt and he said he’d have given up if last quarter wasn’t good.
- First Solar (FSLR) was up big today on a $1 Billion contract. Its up 170% since his recommendation and he thinks it can go higher with analysts racing each other to raise targets. It reports Wednesday but he says it is expensive and he’s look at it speculatively.
- Fuel-Tech (FTEK) is one that Cramer would rather sell than OM Group.
- MEMC (WFR) is an arms merchant for solar makers in making wafers for solar panels; too good to pass it up; it’s cheap and he thinks out of all green stocks that this one is still bargain. MEMC is his TOP PICK in the alt-en sector.
- Tetra Tech (TTEK) is his play on the water group and he likes the last buyout with an international footprint.
He doesn’t see a single one where he thinks the run is over. In a call-in he was also positive on Zoltek (ZOLT). As far as BP’s (BP) initiatives in a call-in, he thinks it is an after-thought and right now it doesn’t add up right. SunPower (SPWR) in a last call-in is one that he’s been behind and he thinks Cypress Semi (CY) is the play off it.
Jon C. Ogg
November 6, 2007
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