July 24, 2008, 8:09 pm | CDT
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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 $8 mcf.Recommended Stocks By Sector
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Company: ORMAT TECHNOLOGIE
Sector: Utilities
Industry: Electric Utilities
Capitalization: 1,926 ($mm)
Added to portfolio: February 02, 2006 at $35.40
Current Price: 45.62
Performance: +28.87%
Overview
TickerPriceChangeVolume24h range52 Week RangeP/E RatioEPS
ORA45.62+0.05207,74144.93 - 46.1538.14 - 57.9342.04+1.08
History of Comments
DateCommentPrice% Gain/Loss
02/02/06the next "solar power" play - geothermal power - co is "king" of geothermal - designs. builds & owns 11 plants around the world - will increase output by 50% - does not require fuel - runs all day regardless of weather conditions - Kyoto will push demand - co has best propriety technology - better than solar35.400.00%
02/03/06next day close37.55+6.07%
03/21/06if either oil or gas comes down (like they have) they are in the house of pain & people are saying good-bye - that's wrong - do the mon-back on the pullback!36.80+3.95%
05/08/08geothermal power (70% of sales) co is expanding capacity - has planty of room to grow - only 1 of 7 analysts that follow the co rate it a "buy"  leaving room for upgrades - issued conservative 2008 guidance that is too low - stock trades at  33x 2009 earnings vs 22% growth - wait 5 days before buying - use limit orders53.44+50.96%
05/09/08buy it on the open on Monday49.72+40.45%
07/24/08closing price45.62+28.87%


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Site Update - Jul. 24, 2008

New Recommendations:
MSO, QCOM
Major Buy Reiterations/New Price Targets*:
DIS, TUP
Other Comments – Existing Recommendations:
APC, BA, CCL, COST, EXC, HK, NOC, RCII, SBUX
Sells:
HAL, RSG, WMI

NEW CALL - See Cramer's Calls for market, sector & IPO comments -

- See  MAJOR REITERATIONS page for recent strong buy reiterations & new Price Targets -

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*Highlighted in a show segment other than the Lightning Round or Sudden Death