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Cramer Says Thursday Will Be A Landmark Day For Wind Power
In his mad money TV show Tuesday, Cramer says “I think Thursday will be a landmark day for wind power”. Why Thursday, because coming Thursday Texas Public Utility Commission makes an important ruling that will significantly boost wind power in the state. Also at 4 cents per kilowatt, Cramer says wind energy is the cheapest form of renewable energy.Â
This proposal/ruling will create 8 renewable energy zones in the state, which will provide much needed infrastructure to connect remotely located wind farms to the existing power grid.Â
According to Cramer, his Wind-EX (10 Wind Energy Stock Index) will be much stronger after this ruling.Â
Following are the stocks tracked in “Wind-Ex”
Trinity Industries (TRN)
Thomas & Betts (TNB)
Owens Corning (OC)
Clipper Windpower (CRPWF)
Kaydon Corp (KDN)
Broadwind Energy (BWEN)
Woodward Governor (WGOV)
MasTec (MTZ)
Vestas Wind Systems (VWDRY)
Otter Tail (OTTR)
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