Stop Trading!: Buy Owens Corning

Tuesday, 10 Jun 2008 | 3:15 PM ET

Cramer reiterated his support for alternative energy stocks on Tuesday’s Stop Trading!, saying he likes to look for the less-than-obvious plays that win off the fundamental growth of industries like solar and wind power.

Take Owens Corning , the company best known for its home insulation composites. Insulation is actually a play unto itself, Cramer said, because properly insulated homes can cut energy production by 40%. But OC is also a winner because it makes composite materials for wind turbines. You wouldn’t know that unless you did a little bit of homework, but OC is as much an alternative energy stockas it is a building and construction stock.

Stop Trading, Listen to Cramer!
Mad Money's Jim Cramer shares his stock picks and pans with CNBC's Erin Burnett.

Briefly touching the media sector, Cramer said cable is the best play right now. His favorite stock there is Discovery Holdings .

Jim's charitable trust owns Discovery Holdings.

Questions for Cramer? madmoney@cnbc.com

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