Skip navigation
MOST POPULAR RELATED TAGS
  • TOPICS
  • SECTORS
  • COMPANIES

MAD MONEY FEATURES

Podcasts PODCASTS
Watch the Lightning Round whenever and wherever you want.




Widget OFFICIAL MAD MONEY WIDGET
Grab this all-in-one application and get recaps of the show sent right to your desktop or blog.




Soundboard CRAMERS SOUNDBOARD
Admit it: You've always wanted to hit the "They
know nothing!" button. Here’s your chance.




Mad Money PhotosCHECK OUT OUR PHOTOS
Check out Cramer on set, back to school, behind the scenes and more.




ShopSHOP FOR MAD MERCHANDISE
Buy Cramer books, bobbleheads and other Mad Money merchandise.




Ringtones RING TONES
Pick up the phone! It's Cramer! New Mad Money sounds for your cell phone.




Mobile AlertTEXT MESSAGE ALERT
Mad Money's mobile. Get show highlights sent to your phone.







Font size:
Apr.21
6:21 PM ET
Monday, 21 Apr 2008
When Bad Is Still Good

When it comes to the losers in last year’s green portfolio, it might be best to apply that term loosely. After all, each of Cramer’s eight stocks beat the S&P. Still, three of them dramatically underperformed the rest of the group:

TetraTech [TTEK  Loading...      ()   ]

Although this stock is the biggest loser of the group (it’s only up 1.6%), Cramer would be a buyer. The company is a play on the water cycle and it stands to benefit from a global water shortage that Cramer thinks is coming, even though all the talk is about oil. TTEK does a ton of business with the federal government in the form of coastal engineering, raw sewage and flood protection contracts. Plus, TTEK just bought a wind energy company, levering it to another $20 billion green energy opportunity. Last year TTEK was wrong, but this year it looks like it could be right, Cramer said.

Fuel-Tech [FTEK  Loading...      ()   ]

Another so-called loser, FTEK is up just 9% over the last year. As a play on clean coal, FTEK is going to be in the sweet spot if a democrat wins in November, Cramer said. There’s a legislative catalyst too, as clean air regulations are set to commence next year that will force utilities to seek out pollution control technologies, which is FTEK’s bread and butter. The company is also gaining exposure in Asia and has seen a flurry of healthy insider buying. The stock had a huge run right after Cramer recommended it last April and then dropped sharply. But it is one of those stocks that swing wildly up and down, and Cramer thinks the next direction is up. Time to reload, he said.

OM Group [OMG  Loading...      ()   ]

This emissions play is up a relatively paltry 11% in the last year. The stock was down as much as 26% but then recovered and Cramer said anyone who owns OMG should count their blessings and take profits now. The company makes the chemicals used in hybrid-car batteries and is heavily dependent on the price of cobalt. The combination of a terrible auto industry and weak cobalt prices makes this stock a “don’t buy” to Cramer.

You already know Cramer’s green winners. Now you’ve got the losers, although even the worst of the bunch have performed better than the overall market and only OMG is a sell.

Questions for Cramer?

Questions, comments, suggestions for the Mad Money website?

© 2008 CNBC, Inc. All Rights Reserved

Permalink: /id/24240382

HOME  |  NEWS  |  MARKETS  |  EARNINGS  |  INVESTING  |  VIDEO  |  CNBC TV  |  CNBC PLUS  |  CNBC HD+
About CNBC   |   Site Map   |   Privacy Policy   |   Terms of Service   |   Advertise   |   Help   |   Feedback   |   Video Reprints
  Data is a real-time snapshot   *Data is delayed at least 15 minutes

Global Business and Financial News, Stock Quotes, and Market Data and Analysis