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Jim Cramer had the CEO of Clean Energy Fuels (CLNE) on Mad Money tonight. The CEO said he is targeting the shipping companies to switch over to a natural gas driven fleet of vehicles.
Cramer says CLNE stock is cheap below $12. The Clean Energy Fuels CEO thinks we could get some kind of positive legislation down the line. Trucking incentives are what CLNE is looking for.
Clean Energy Fuels (CLNE) provides 40 nat gas fueling stations with a target of 90+
Plans to build 150 stations in 2012, airports, highways, ect. They bought a construction company based in California.
This is a company I have liked as well but I feel it is a bit early, maybe 2-3 years down the road in 2014-2015, CLNE is a stock to buy.
This is what scares me, heavy insder selling - http://finance.yahoo.com/q/it?s=CLNE+Insider+Transactions
Tags: buy, clean, clne, cramer, energy, fuels, gas, jim, picks, stock
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