Cramer's Windex Revisited
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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
  • $18.62
  • +0.11%
  • $18.50

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: ANATBGBTUCITCNHCPOETR

TheStreet.com Rating: C- What is this?

  • +
  • TNB
    Thomas Betts Cp
  • $37.09
  • -1.12%
  • $37.18

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
  • $24.04
  • 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: GRMNHMAMONSYTUSGWOOF

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.
  • $12.45
  • +1.30%
  • $12.25

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: CCJCOPCSCODEOFCXMETMF

TheStreet.com Rating: No Rating What is this?

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