JULY 24, 2008 (Dow down 283) - After a day like this we want to find stocks that will benefit from falling gasoline prices, like Disney (DIS) and Tupperware (TUP). Natural gas prices will bottom at $8 mcf.
speculative specialty contractor is in three bull markets: infrastructure for telco (74% of revs) oil & gas and wind farm (17%) sectors - think wind business doubles in the 2nd half of the year and could double again next year - could become 50% of sales in 2 years - gathering systems for natural gas is expected to grow rapidly because of increased drilling - co has $1.80/sh in cash - stock is cheap selling at only 10x forward earnings - could trade up to 13 if valued same as peers - use limit orders (part of Cramer's Wind-ex of wind stocks)
10.07
0.00%
05/19/08
next day close
11.27
+11.92%
07/15/08
on Thursday the Texas Public Utility Commission will discuss The Windpower Initiative and may issue a final order to create eight competitive renewable energy zones to allow wind farms to connect to the electrical grid - this will be huge for the wind industry and should send the wind stocks higher
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