Traders-Blog.com

Capstone Turbine (CPST) makes natural gas-powered micro turbine generators for business and home use.

Capstone recently finalized agreements with KeySpan (KSE) and Consolidated Edison (ED) to promote its products in the New York area. Capstone’s shares have moved from $2 to $4.50 in the past month, but the stock should really take off as the company moves west, Cramer said.

Capstone is poised for triple-digit revenue growth for the next few years, said Cramer, because it has a more cost-effective way to produce energy.

Cramer suggested to wait for a pullback before buying the shares, because the stock has recently made a big move up.

A caller asked if Caterpillar (CAT), which also makes micro turbine generators, would be a good play. Cramer said Caterpillar is too large a company for its micro turbine business to have much of an impact on the company as a whole.

Gambling your money

Penn National Gaming (PENN) is the “best gaming stock you have never heard of,” said Cramer. They will become the third-largest gaming company in the country after their acquisition of Argosy (AGY) closes.

Cramer said he did not like Las Vegas Sands (LVS), because “the hot money’s there.”

Fording splitting 3-for-1

Cramer was bullish on coal stock Fording (FDG) because of a 3-for-1 stock split coming Sept. 13.

Guest segment

UnitedHealth Group (UNH) CEO William McGuire was on the show by telephone. Cramer summed up the interview with two words: Walgreen (WAG) and AARP. “They’ve got the arrangements,” Cramer said. “This company’s got the growth.”

$500 for Google

During the Lightning Round, Cramer was asked about Google (GOOG). Cramer grinned, got close to the camera and whispered “Some guys think it’s going to $500.”

Lightning Round

Bullish - TurboChef Technologies (OVEN), St. Joe (JOE), Walt Disney (DIS), Intel (INTC), Google (GOOG), RTI International Metals (RTI), Boeing (BA), Noble (NE), National-Oilwell Varco (NOV), OraSure Technologies (OSUR), Transocean (RIG), GlobalSantaFe (GSF), Syneron Medical (ELOS), Occidental Petroleum (OXY), Sonic (SONC), Goldcorp (GG), Smith & Wesson (SWB), GameStop (GME) and Cemex (CX).

Bearish - Silicon Motion Technology (SIMO), Mannatech (MTEX), ScanSoft (SSFT), Mellon Financial (MEL), Tellabs (TLAB), Cirrus Logic (CRUS), Sun Microsystems (SUNW), SanDisk (SNDK), LifeCell (LIFC), Galmis Gold (GLG:NYSE - news - research - Cramer’s Take), Wal-Mart (WMT), Tenaris (TS), Electronic Arts (ERTS) and JDS Uniphase (JDSU).

CramersMadMoney.com
Free daily recap newsletter to your inbox