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Cramer's Mad Money - 5 Things You Can Learn from Galleon Management (10/19/09)

The problem with Itron is their outsourcing most of their components to foreign countries. Their failure rates on their electric meters is staggering. Many are damaged during the installation process due to its weak components. GE's future looks more promising in the smart grid area as far as growth go's. In the utilities business your references mean a lot but its coming down to who can financially back their products and who can offer a seamless systems without major failures. Cramer needs to consult his connections within major utilities and he will see what the rumormill pumps out.

The second thing that GE has going for them as far as electric smartgrids is enabling the utility to remotely connect and disconnect an individual service with the click of a button. No more angry customers to look at. If the bill falls into cut-off stage the system will automatically turn it off and will turn it back on again automatically once the customers account has been updated with a payment. This will be a huge tool when storms or hurricanes sweep through an area allowing the power companies to shut down affected sections preventing transformer damage allowing them to return power that much quicker. Itron has a lot of catching up to do in the smartgrid field.