Date updated:04-26-2007
On the 4-16-07 Mad Money show, Cramer pointed out that "we tend not to think of the U.S. Supreme Court as a way to make money and that's usually right". However, on April 2, a Supreme Court decision against the U.S. Environmental Protection Agency has turned this whole theory around, he said.
Now the EPA "must regulate carbon dioxide emissions" which means there is "pressure for companies to become more green," he said. Because of this Cramer now supports investing in companies for clean energy. You can make money top to bottom in the entire alternative energy section.
Cramer is now having a week-long series on "Green Day" and looking at companies that encourage to go green.
Here are Cramer's picks:

-
FWLT
Foster Wheeler Ag - $31.26
- -0.76%
- $31.03
Jim likes FWLT as a play on cleaning up pollution and he made the bold prediction that the stock is going to $105. Foster Wheeler is "a leader in fluidized bed boilers," Cramer said. Power plants use boilers to convert coal, gas or wood into energy, and the best part about Foster Wheeler's boilers is that they're "flexible" and allow power plants to cut sulfur dioxide and nitrogen oxide emissions, he said. He also thinks that they may have enough capital to get back to NYSE listing and then they could start buying back stock.

-
SGR
Sgr - $0.00
- N/A
- $N/A
Jim likes SGR (Shaw Group) for a play on nuclear power. He likes that Shaw Group recently won a contract from Westinghouse and he thinks it is just the beginning. Jim also likes SGR's inside edge on nuclear projects in the United States and overseas mainly because that is the pure-play against global warming.

-
FSLR
First Solar - $117.93
- -2.34%
- $119.77
Jim called FSLR the most economically efficient solar company. He would be a buyer on a pullback.

-
WFR
Memc Electronic M - $12.66
- -1.02%
- $12.59
MEMC Electronic has "a stranglehold on silicon wafers, the key components to most solar panels," Cramer said. MEMC is up 247% since he pushed it last Halloween.

-
BWA
Borg Warner Inc - $31.84
- +1.86%
- $30.90
Cramer also likes auto-supplier BorgWarner (BWA) due to them being "all about controlling emissions and enhancing fuel economy." Backorders at BWA are growing and the company does a lot of business with foreign automakers who are in better shape than the U.S. automakers.

-
TTEK
Tetra Tech - $26.05
- -0.38%
- $25.95
Tetra Tech, a water investment, is a consulting and engineering company. It is also a play on global warming and natural disasters because they work on water pollution along coastal properties and even in tsunami warnings. They are geared toward clean water and it is a way to play the high price of water. 85% of revenue comes from water management along with a recent purchase of Delaney Group, which is a wind company.

-
OMG
Om Group Inc - $31.25
- +6.22%
- $29.14
Jim likes OM Group (OMG) and the word with this stock is "cobalt." The company controls 13,000 tons of cobalt which is a quarter of the world's capacity. This material is used in hybrid cars batteries and the price looks to remain stable or go higher. OMG also is a metals play with exposure to copper and an ever improving balance sheet.

-
FTEK
Fuel Tech - $10.82
- +0.65%
- $10.50
Cramer said Fuel-Tech, Inc. 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.
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A. Won't matter . . . the damage, by in
large, has already been done . . . and
the government is on a current path to
accelerate the day of reckoning . . .
which can be quite profitable for some .
. . quite painful for others.
A. The only one I own : SLX,
too hard pick a winner out all of them
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