TheStreet.com TV Recap: TXU a Boost for Utes

The huge TXU (TXU Quote) buyout is a "perfect" deal that signals all utilities are potential takeout targets, Jim Cramer said on TheStreet.com TV's Wall Street Confidential video Monday.

"If you look at what these utilities are doing, it's rather remarkable that they generate so much capital," he told Gregg Greenberg, the host of Wall Street Confidential. "We're in kind of an unregulated period" where they are able to keep raising rates. And utilities, with their strong cash flows, are enticing targets for firms eager for cash flow generating companies.

Cramer said he is "amazed at how eager" the private-equity firms are to put money to work. "It's as if, if they find a target that's big, they're going to take it," he said. ...