Green Investors: Madmoney's solar power investment pick
MadMoney's Jim Cramer picked Cypress Semiconductor (CY) as the best solar power stock pick currently available. CY makes digital circuits and has been gaining exposure through a number of acquisitions. One of those acquisitions, SunPower, makes highly efficient solar panels for homes and businesses. According to Cramer, SunPower solar panels are as much as 50 percent more efficient than their competitors, prompting Cramer to label it as Best of Breed. Soon, Cypress will be taking SunPower public, while maintaining a controlling interest in the company. Cramer believes buying SunPower when it goes public is a good investment - as well as buying CY.Labels: solar power






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