Welcome to the third installment of Cramer’s Green Day picks – those stocks that could now make you money after the April 2 Supreme Court decision in Massachusetts v. EPA that effectively made it possible to invest in companies that help cut back on or control pollution and CO2.
He’s already recommended plays in power plants and solar power, and now Cramer’s got an auto supplier by the name of Borg Warner . He thinks this one could go higher now that it’s going to be more difficult and expensive for companies to pollute with impunity and immunity. Borg Warner is all about controlling emissions and enhancing fuel economy, Cramer says. The company makes turbochargers that improve power output while simultaneously helping to reduce fuel consumption. If that isn’t better than a cash donation to the Sierra Club, Cramer doesn’t know what is.