Energy PicksCramer emphasized to listeners that there's a thing he calls "the invisible world of investing," which is simply life as it exists all around us. However, if you think like Cramer does, you'll find investment potential in the everyday. For example, when he bought gas and saw that it was below $2 a gallon, he, like many others, felt it was time to get out of oil. But Cramer also found an investing idea in alternative energy. When oil prices spike, alternative energy sources rally because people panic about how much they'll have to pay for crude, he said. And, likewise, alternative energy companies fall when oil prices moderate. But if you take a six- or 12-month outlook, do you really think we're going to discover acres of oil out there? he asked listeners. He doesn't believe that the need for alternative energy is going away anytime soon, so Cramer recommended buying these stocks while they're weakened by falling oil prices. These stocks are out of favor right now, but Cramer believes that they could make a lot of money down the road. Among his picks was SunPower ( SPWR), a company that went public in 2005 and has been "hot as a pistol" ever since. This is the stock's first big pullback, he said. He also said to take a look at Energy Conversion Devices ( ENER), which he called "the Whole Foods of alternative energy." This high-end company has a product called "thin film technology," he said, and GM ( GM) and Toyota ( TM) want to use its products to make their cars more fuel efficient. And the most popular alternative energy source right now, the place where companies such as GE ( GE) are really focused, is windmill power, he said. Cramer said that Distributed Energy Systems ( DESC) is the best windmill play around. Plus, the company has created technology to separate the hydrogen from water molecules in order to create power. While Distributed Energy Systems has yet to make a profit, which is problematic, Cramer said that its sales are going up dramatically. "After sales go up, the earnings start happening. ... If you wait for the earnings, then you'll have missed out," he said.
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