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Capstone Turbine Corp. Message Board

  • gigoptixman gigoptixman Aug 14, 2013 8:26 AM Flag

    Natural Gas emerging as leading fuel

    Jim Cramer believes wholeheartedly that the vast deposits of nat gas recently discovered in our nation could lead to energy independence as soon as 2020.

    And he thinks Chart Industries (GTLS) sits squarely in the center of the industry-changing trend.

    "Chart makes the precision engineered cryogenic equipment that converts natural gas into a liquid, which allows it to be exported or used as fuel for vehicles. They also make tanks for transporting liquefied natural gas, engine tanks that hold the stuff for heavy-duty trucks, and they have an industrial gas business," Cramer explained.

    Year to date the stock has surged more than 70% as developments suggest that Corporate America is beginning to embrace the potential of gas .

    For example, UPS (UPS) has announced plans to purchase about 700 liquefied natural gas 18-wheelers and build four refueling stations to serve its heavy-weight rigs by the end of 2014.

    Chart is also becoming a major player in China, which is farther along in its adoption of natural gas as a transportation fuel. The company earlier this year landed two contracts worth a combined $85 million to provide equipment to PetroChina (Shanghai Stock Exchange: 1857-SZ).

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      brnicegy • 1 hour 8 minutes ago Flag0
      users liked this posts users disliked this posts 0 Reply ? dont' buy ??.I know Cramer had the CEO on his show yesterday, but according to links in the Yahoo headlines, Cramer said it was too late to buy this very same stock less than two weeks ago during his 'lightning round'. Just kinda fishy to me.

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