Jim Cramer's Mad Money Review

Seeking for alternative energy plays? If so, Jim Cramer said he still finds Owens Corning (OC) as the best way to play alternative energy on CNBC's "Stop Trading!"
Cramer discussed how Boone Pickens is informing Americans of the importance of moving toward alternative energy, such as wind power, right now and moving away from foreign oil. Owens Corning can benefit from such a movement toward wind power technology since the company makes composites that go on windmills, stated Cramer. He also said the company makes insulation that can sustainably cut energy use. Although he sees potential with the stock, he warns that the stock has some downside risk since the company is levered to housing.
Cramer also agreed that 1%-2% of our power comes from wind, stating that even if we simply double our wind usage, it would be "a big deal" for those levered to this alternative energy, such as Owens Corning.
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Labels: CNBC's Stop Trading, Jim Cramer, OC, Stop Trading

Take a look at Owens Corning (OC) as an alternative energy play, Jim Cramer said on CNBC's "Stop Trading!" segment Tuesday.
Cramer said the company makes composites that go into wind mills. It also makes insulation, which can substantially cut energy use, he said.
Cramer also said he likes Discovery Holding (DISCA). "This is a cable company that really has a lot of things going for it," he said. "Cable's a winner right now."
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Labels: DISCA, Jim Cramer, OC, Stop Trading

"Wind power is the cheapest form of renewable energy out there," Jim Cramer reminded viewers of his "Mad Money" TV show Wednesday.
A longtime bull of the wind power business, Cramer cited a recent report stating that 30% of our nation's energy could be derived by wind power by 2040.
To help illustrate the many great companies involved in the wind power business, Cramer built a windmill from scratch, piece by piece, to show which companies make each component.
First, Cramer featured the wind tower business that makes the support structures for windmills. Here, he reiterated past recommendations of both Trinity Industries (TRN) and Otter Tail (OTTR) as the best stocks to own.
Next, Cramer featured the windmill blades, and said that Owens Corning (OC) has the best composite materials business for this high-stress application.
Cramer then focused on the nacelle, the structure that houses a windmill's turbine. Here, he identified Woodward Governor (WGOV), Thomas & Betts (TNB) and Kaydon (KDN) as the companies to own for turbines, bearings and the other components found in the nacelle.
Finally, Cramer said both MasTec (MTZ) and Thomas & Betts are the best companies for the wind power infrastructure needed to bring power from the mill to the grid.
Cramer placed all seven of these companies into what he called the "Mad Money Wind-ex," his index of wind power stocks. He said with the American Wind Energy Association's annual conference beginning in Houston next week, there should be a lot of buzz surrounding all of these names going forward.
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Labels: Jim Cramer, KDN, Mad Money, MTZ, OC, OTTR, TNB, TRN, WGOV