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 Report

to

Broadwind Energy

could be vulnerable to takeovers. I own

Trinity

(TRN) - Get Report

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

Quanta Services

(PWR) - Get 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.

Timken

(TKR) - Get 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.

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

(TWX)

,

Comcast

(CMCSA) - Get Report

and

Cablevision

(CVC)

.

Kraft Foods

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

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