"The sector a company resides in accounts for 50% of its value," Jim Cramer said on his
"RealMoney" radio show Wednesday, adding that infrastructure is a great sector to invest in now.
Although the infrastructure sector has been weak, this doesn't mean that the industry's orders have decreased or its projects have disappeared, he said.
Even though it might be difficult to see this now, Cramer believes that the orders for the infrastructure sector will pull through in 2007 to 2008. We have to look ahead, he said.
This group has the best outlook that I know of.
A stock in this sector that has fallen 30% overnight is the Swiss company
, which Cramer owns for his charitable trust
Action Alerts PLUS.
This is a power-generation company that has been around forever, he said.
"I believe you should just go buy it," Cramer told listeners. "The stock has dropped hideously. For every one point down it has four points up -- that is a fabulous reward."
To see the most recent edition of The RealMoney Radio Recap in its entirety, please click here. This recap is published every day around 3 p.m. ET.
At the time of publication, Cramer was long ABB.
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