Cramer's 'Mad Money' Recap: Power Rangers

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If the California Public Utilities Commission votes for a $2.8 billion solar power energy program, the solar stocks should jump, Jim Cramer told "Mad Money" TV viewers Monday.

That's because the CPUC sets the country's alternative energy policy, he said. And the best way to play these stocks is to get in early because the sector is growing at 50% a year.

He said that one of the best "stealth solar power" plays is ATS Automation, a Canadian industrial automation company whose second business is solar power.

Its ADR trades on pink sheets, so he said that he would be willing to buy it in Canada because it's a substantial company with a big upside in its solar power division. ATS has 25 facilities worldwide and 4,000 employees.

Cramer reminded viewers that he identified SunPower(SPWR Quote), Evergreen Solar(ESLR Quote) and Suntech Power(STP Quote) as solar power plays before anyone else in the market and that if you bought early then you made some mad money.

He also told a caller who bought Energy Conversion Devices(ENER Quote) at $36 not to let the stock go just because it's trading near $45.

Instead, Cramer said he would take a little off the table.

Damage Control

Cramer said that in the wake of the Sago mine tragedy in West Virginia, the government will have to start spending money to improve its mining safety record.

A recent Knight Ridder investigation reported that mine safety enforcement investigation has eased since 2001, that major fines for coal companies have dropped 10% over that same period and that mine violations increased 18% in 2005.

The article's takeaway, Cramer said, is that the Bush administration is to blame. And once the administration starts to feel the heat, it'll go to Mine Safely Appliances(MSA Quote) and buy way more stuff than it needs in a drastic effort at damage control.

The stock has yet to go up, but it will soon, Cramer predicted.

He added that the Sago disaster will not ultimately hurt coal stocks, and said that he likes Peabody Energy(BTU Quote).