Infrastructure - Cramer's green picks today

Broken stock, but not a broken company

Quanta Services is a company with great fundamentals, but it's a broken stock thanks to hedge fund redemption. Nonetheless, it's a great wind power play, especially with Obama in the White House.

Still, don't rush into this stock, Cramer warns. Hedge funds need to first work through their redemptions. Thus, this is a stock to watch, as it has great potential, but wait until the selling ends.

Shaw Group (SGR) is another Cramer fave - if you consider nuclear green. Still, this play will depend on action outside of the US with Obama in the White House, and Shaw has a lot of projects in China. Likewise, its non-nuclear business is also doing well. Since Shaw's stock price is so low, according to Cramer, it seems a great buy.