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Gone with the Wind - Cramer’s Mad Money (4/24/08)

April 30, 2008

Stocks discussed in the in-depth session of Jim Cramer’s Mad Money TV program,Thursday April 24. Click on a stock ticker for more analysis.

Trinity (TRN)
While Cramer believes in the future of wind power, companies which produce it can be as invisible as wind itself and are often buried within other companies. Cramer was not bullish on Trinity as a rail play, but after delving deeper, says he likes the company as a wind play, since Trinity builds wind towers and is set to construct a new tower factory in Mexico. While wind power comprises only 6% of the company’s business, Cramer believes this should jump 10% this year. He said Trinity is like Apple, which was thought to be merely a PC maker before its potential for producing something as innovative as the iPod was finally realized. One obstacle is tax funding for wind power is about to expire unless a new agreement can be made, but Cramer thinks a Democratic victory will almost guarantee a renewal. Currently TRN trades at just 8 times its earnings and is down 41%; Cramer says TRN is a “steal.”


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Gone with the Wind - Cramer’s Mad Money (4/24/08)

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