Cramer Says Thursday Will Be A Landmark Day For Wind Power

Posted by Munish | # |
08:04:56 pm on July 15, 2008

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. 

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. 

According to Cramer, his Wind-EX (10 Wind Energy Stock Index) will be much stronger after this ruling. 

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)

Tags: bwnd, crpwf, kden, mtz, oc, ottr, tnb, trn, vwdry, wgov, Wind Energy If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.

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