Like the utility side of our fixes. Seems like a no brainer

From a recent Mad Money show:"I recommended this one and I've been wrong, but I'm doubling down right here and re-recommending it."

Cramer recommend Itron (ITRI) as his next featured environmental stock for "green week." Itron manufactures electricity and water meters to help monitor and conserve utilities, which makes it the perfect "green" play, according to Cramer.

3 Stocks I Saw on TV
Dan Fitzpatrick examines three stocks viewed on Fast Money and Mad Money. Today's stocks include EMC Corp., Nabors Ind. and Itron.

Click here to watch the video.

Been watching this for a while. I wanted to sit on the sidelines while their new technology was proven (or not). Looks like the technology is going to work and we should see booking accelerate through 2008.

I would expect the stock to continue to lag through the remainder of 2007 and maybe into the first quarter of 2008.

bounce play....in and out

provides hardware, software, and services to integrate the creation, measurement, collection, management, application, and forecasting of data for electric, gas, and water utilities worldwide. It operates in three segments: Electricity Metering, Meter Data Collection, and Software Solutions. The Electricity Metering segment provides residential electronic and electromechanical electricity meters, commercial and industrial electronic electricity meters, AMR-enabled meters, international meters for use outside the United States and Canada. The Meter Data Collection segment offers residential and commercial AMR standalone and original equipment manufacturer modules, contract manufacturing and royalties for its AMR technology in other vendors’ electricity meters, mobile and network AMR data collection technologies, handheld computers for meter data collection or mobile workforce applications, and related installation and implementation services. The Software Solutions segment provides software applications for distribution system design and optimization, energy and water management, asset optimization, and commercial, industrial, and residential meter data collection and management.

$81.57

From Barron's 8-11-07:

Buy - Price 78.21 on August 2
by Lazard Capital Markets
[Itron designs and manufactures systems and fixed communication networks for automatic and electronic meter reading.] Raising our price target to 95 from 80...reflect[ing] a 25 times multiple on our 2008 operating EPS estimate of $3.80...in line with its peer group...We believe Itron should trade at a premium to peers given its leadership position and increasing visibility on movement of several large-scale projects.

BUY