Cramer: Buy Wind for the Gusts and Glory

Please forgive me, but when people are betting to win $5,000 a week for "Beat The Street," and they are wagering heavily on solar portfolios, I have to speak up for wind, which is much more explosive and happening much more quickly.

First, Sanford Bernstein put out a fabulous report today about alternative energy that waxed wonderfully about wind and a little less wonderfully about solar. The latter isn't as loved, because the average selling price of solar is too high vs. the dirty competition, and it needs to cut its average selling price. As much as I think First Solar (FSLR Quote) is -- to quote Randy Jackson -- THE BOMB, I see the ASPs coming down there, too. They can make it up in volume. But that said, wind's price is so competitive that it can go higher and still beat dirty fuels.

Two guys I respect, Warren Buffett (although I love Dougie's rap on him!) and T. Boone Pickens, are both making huge splashes with wind. They are snapping up GE (GE Quote) turbines left and right; if you recall, Buffett said he had to call in favors to get turbines, that's how back-ordered they are. ...