Xantrex gets a bid! Here's a Canadian wind play that just got bought by France's Schneider Electric. It has a sizable business in converting wind power into power than can be used on the grid, one of the stickier issues that has confounded the wind industry.

The deal is small, $500 million-- but it is significant because the wind plays that matter are being snapped up left and right. Plus, the 55% premium is HUGE!

I sense that everything from the wind power division of

Otter Tail

(OTTR) - Get Otter Tail Corporation Report


Broadwind Energy

could be vulnerable to takeovers. I own


(TRN) - Get Trinity Industries, Inc. Report

because I believe that inside of Trinity is a dynamic wind business with a huge wind backlog.

Quanta Services

(PWR) - Get Quanta Services, Inc. Report

is another profitable wind play with billions of orders to build wind farms coming its way. This one's an obvious one.

Woodward Governor

( WGOV) has a solid wind business, but it isn't highlighted or even known. There were no questions about its wind turbine business on the call last week despite blow-out numbers that I am sure came, in part, from wind, although management specifically mentioned wind in its press release.


(TKR) - Get Timken Company Report

, another upside surpriser last week, has a ton of ball bearing-related wind business.

Thomas & Betts

( TNB)does too, but nobody's talking about it.

TheStreet Recommends

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

Random musings: I see huge growth in Verizon Wireless and good growth in Fios, which is aimed at

Time Warner




(CMCSA) - Get Comcast Corporation Class A Report





Kraft Foods

( KFT) took a lot of pricing this quarter and that helped immensely.

Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for

Action Alerts PLUS. Watch Cramer on "Mad Money" weeknights on CNBC. To order Cramer's newest book -- "Jim Cramer's Stay Mad for Life: Get Rich, Stay Rich (Make Your Kids Even Richer),"

click here. Click

here to order "Mad Money: Watch TV, Get Rich," click

here to order "Real Money: Sane Investing in an Insane World," click

here to get "You Got Screwed!" and click

here for Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he appreciates your feedback and invites you to send comments by

clicking here.

TheStreet.com has a revenue-sharing relationship with Amazon.com under which it receives a portion of the revenue from Amazon.com purchases by customers directed there from TheStreet.com.