Will 2009 be the year of wind power?
Wind power: The green hedge against oil prices?Earlier I wrote the Jim Cramer sees $120 oil as the threshold for solar investments. As long as oil stays above $120, solar power is a strong investment. As oil drops below $120, however, its time to start taking money off the table, at least according to Cramer.
Now, some don't like Jim Cramer, and I think they are missing the point. Don't think of Cramer as a stock picker, but simply another analyst and source of knowledge.
Anyway, not long ago Cramer called 2009 "the year of wind". Since there will be a big need for wind turbines, Cramer liked Trinity and KDN, which Cramer called a great stealth play on wind, as the they make bearings for wind turbines. Additionally, Cramer really liked Owens Corning as an emerging wind play. And, in previous shows, Jim has also liked GE as a green investment play on wind power.
Labels: green investing, wind power






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