Cramer's Windex Revisited
2704 views
Rate Now: 1 2 3 4

average rating: 0.00 / 0 ratings
Created by barrons2
DESCRIPTION:

Date updated:07-17-2008

Cramer revisited his index of 10 wind power stocks levered to the growth of wind power created on May 28. Since its creation, the "Wind-ex" is down 11.8% along with the overall markets. But Cramer said after Thursday's expected ruling, the wind story will get better than ever.

symbol name last price % change open
  • +
  • TRN
    Trinity Ind
  • $17.68
  • -2.54%
  • $17.86

The "Mad Money" Wind-ex includes Trinity Industries (TRN), a stock which Jim owns for his charitable trust, Action Alerts PLUS, which is down 19.7%. Cramer said the poor performance of the Wind-ex stocks has nothing to do with the wind power business, but rather with the industrial components of all of the companies. He reminded viewers that as wind power accounts for larger portions of their earnings, the other divisions will account for less. He views the current weakness in the stocks as a valid pullback and a buying opportunity.

People owning TRN also tend to own: AHMAIZALBAMPAVTAXCABBI

TheStreet.com Rating: C- What is this?

  • +
  • TNB
    Thomas Betts Cp
  • $35.87
  • -0.66%
  • $35.86

Thomas & Betts (TNB), also down 19%. Cramer said the poor performance of the Wind-ex stocks has nothing to do with the wind power business, but rather with the industrial components of all of the companies. He reminded viewers that as wind power accounts for larger portions of their earnings, the other divisions will account for less. He views the current weakness in the stocks as a valid pullback and a buying opportunity.

People owning TNB also tend to own: AGDDXPEIRLAYNLOWMSMTW

TheStreet.com Rating: B- What is this?

  • +
  • OC
    Owens Corning
  • $23.55
  • 0.00%
  • $N/A

Owens Corning (OC), down 20%. Cramer said the poor performance of the Wind-ex stocks has nothing to do with the wind power business, but rather with the industrial components of all of the companies. He reminded viewers that as wind power accounts for larger portions of their earnings, the other divisions will account for less. He views the current weakness in the stocks as a valid pullback and a buying opportunity.

People owning OC also tend to own: AWIBBIBOLEKHAICOIDT

TheStreet.com Rating: C+ What is this?

  • +
  • CRPWF
    Crpwf
  • $0.00
  • N/A
  • $N/A

Clipper Windpower (CRPWF), down 22%. Cramer said the poor performance of the Wind-ex stocks has nothing to do with the wind power business, but rather with the industrial components of all of the companies. He reminded viewers that as wind power accounts for larger portions of their earnings, the other divisions will account for less. He views the current weakness in the stocks as a valid pullback and a buying opportunity.

People owning CRPWF also tend to own: BWNDKDENMTZOCOTTRPWRTNB

TheStreet.com Rating: No Rating What is this?

  • +
  • KDEN
    Kden
  • $0.00
  • N/A
  • $N/A

Kaydon Corp (KDEN), down 15.8%. Cramer said the poor performance of the Wind-ex stocks has nothing to do with the wind power business, but rather with the industrial components of all of the companies. He reminded viewers that as wind power accounts for larger portions of their earnings, the other divisions will account for less. He views the current weakness in the stocks as a valid pullback and a buying opportunity.

People owning KDEN also tend to own: BWNDCRPWFMTZOCOTTRPWRTNB

TheStreet.com Rating: No Rating What is this?

  • +
  • BWND
    Bwnd
  • $0.00
  • N/A
  • $N/A

Broadwind Energy (BWND), down 18%. Cramer said the poor performance of the Wind-ex stocks has nothing to do with the wind power business, but rather with the industrial components of all of the companies. He reminded viewers that as wind power accounts for larger portions of their earnings, the other divisions will account for less. He views the current weakness in the stocks as a valid pullback and a buying opportunity.

People owning BWND also tend to own: CRPWFKDENMTZOCOTTRPWRTNB

TheStreet.com Rating: No Rating What is this?

  • +
  • MTZ
    Mastec Inc.
  • $11.86
  • +2.24%
  • $11.56

MasTec (MTZ), down 1.6%. Cramer said the poor performance of the Wind-ex stocks has nothing to do with the wind power business, but rather with the industrial components of all of the companies. He reminded viewers that as wind power accounts for larger portions of their earnings, the other divisions will account for less. He views the current weakness in the stocks as a valid pullback and a buying opportunity.

People owning MTZ also tend to own: BATMCEODEOENCOLFCMALL

TheStreet.com Rating: B What is this?

  • +
  • VWDRY
    Vwdry
  • $0.00
  • N/A
  • $N/A

Vestas Wind Systems (VWDRY), down 1.9%. Cramer said the poor performance of the Wind-ex stocks has nothing to do with the wind power business, but rather with the industrial components of all of the companies. He reminded viewers that as wind power accounts for larger portions of their earnings, the other divisions will account for less. He views the current weakness in the stocks as a valid pullback and a buying opportunity.

People owning VWDRY also tend to own: AAPLBIDUBIIBBWCATCELGCPST

TheStreet.com Rating: No Rating What is this?

previous next

Portfolio not tracked!

Comments not available

ADD YOUR COMMENTS:

This Week's 'Barron's' Roundup

By Roberto Pedone Posted on Nov. 9, 2009 Financial-Services Bull: Barron’s talks with Anton Schutz, portfolio manager at the Burnham Financial Industries Fund (BURFX)...

11.09.09 | 11:01 AM
Rocket Stocks for the Week

By Jonas Elmerraji Posted on Nov. 9, 2009 Last week brought investors a welcome return to gains as the S&P 500 pushed up 3.2% over the course of the last five trading d...

11.09.09 | 08:04 AM
Jim Cramer's Portfolios of the Week

By Roberto Pedone Posted on Nov. 6, 2009 According to Jim Cramer, the bears are tellinginvestors six lies. On Wednesday’s “Mad Money” TV show, Cramer said if you ...

11.06.09 | 15:52 PM
'Fast Money' Portfolios of the Week

By Roberto Pedone Posted on Nov. 5, 2009 The traders on CNBC’s “Fast Money” told their viewers what they must know after Warren Buffett announced on Tuesday his l...

11.05.09 | 12:05 PM
more articles
Nymph's Trading Daily Trading Diary
04.13.09 | 01:10 AM From author Trading Nymph
General market Technical Analysi...
11.14.07 | 22:55 PM From author ZA
The Presidential/Political Thread
01.02.08 | 08:05 AM From author Dave Cox
Robotic Stock Trading Software
11.05.09 | 14:31 PM From author jm.4769
more forums
Q. Can anyone explain the rationale...
11.09.09 | 16:00 PM Asked by flyers44

A. today was a huge mark up,,we rallyed off
the g20???thisd makes no sence at all .

today 's lists
Biggest % Gainers

Here are some of the largest % gainers from Nov. 2, 2009. more

Cramer's Lightning Round

These are the stocks from Jim Cramer's Oct. 30 Lightning Round. We list the stocks on which he is BULLISH and BEARISH.... more

52-Week Lows

Here is a list of some of the biggest stocks that hit 52-week lows on Nov. 2, 2009. more