Jim Cramer's Stop Trading! Buy Green
11/09/07 - 03:35 PM EST
Go green, Jim Cramer said Friday on CNBC's Stop Trading! segment.
"Shaw Group (SGR Quote - Cramer on SGR - Stock Picks) has just been unbelievable, First Solar (FSLR Quote - Cramer on FSLR - Stock Picks) has been amazing," he said. When oil goes to $100, every crummy technology works, Cramer explained. "There is a trillion dollars worth of projects that the Shaw Group may be bidding for ... green is money." Cramer assured viewers that the money in green stocks goes beyond mere tree-hugging, calling environmental plays "money tree-hug." Cramer said maker of silicon solar panel components MEMC (WFR Quote - Cramer on WFR - Stock Picks) was performing very well, noting, "We have not nearly enough silicon solar panels. ... These stocks are here to stay."


