All You Need to Know About Wind Energy

08/22/08 - 06:30 PM EDT

TSC Staff

From Cramer: Wind Power in the M&A Spotlight (Jul. 28):

Xantrex [Toronto Stock Exchange ticker: XTX] gets a bid! Here's a Canadian wind play that just got bought by France's Schneider Electric... it is significant because the wind plays that matter are being snapped up left and right.

This wind story is a 2009 story in terms of earnings, but it is a takeover and consolidation story right now.

Read the full article.

From Cramer: Xantrex Will Blow You Away (Video):

Jim Cramer: "I think that what's most interesting, is they're [Schneider Electric] buying [Xantrex] for the wind exchangers... One of the things that's really difficult about wind... there's absolutely no interface for most states between wind turbines and the power grid... because the states have been reluctant to make a bet on wind. I think Boone Pickens is going to change that, and these inverters could be in a lot of different windmills. So this was a very smart acquisition... [Broadwind Energy (BWEN Quote - Cramer on BWEN - Stock Picks)]has now become more seasonal... no near term catalyst, but I believe if Schneider bought this XTX, they're going to buy Broadwind."

To watch the video, click the player below:

From Cramer's 'Mad Money' Recap for July 31:

"Wind and solar stocks are transcending the weakness in oil," said Cramer, indicating that the strength in these sectors is genuine, and will continue even if oil hits his ultimate target of below $120 a barrel.

Read the full article. Plus, don't miss All You Need to Know About Oil.

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