Telvent (TLVT) Will Benefit from Green Movement, Agriculture -Cramer

According to Jim Cramer, Telvent (NASDAQ: TLVT) should be on your list of purchases if you're feeling a little randy and want a speculative play in the smart-grid technology market.

The company makes smart energy meters, but the company also extends its reach to other markets such as oil and gas, transportation, and agriculture systems.

As the U.S. invests more in its energy and natural gas infrastructures, and agriculture looks for better innovations to reduce costs, Telvent should be able to benefit greatly. Another key is Telvent's $5.1 billion backlog of future sales and more federal stimulus money.

Because of the divestment of a Spanish conglomerate, which now only owns 40% of the company, Cramer now recommends Telvent as a buy, saying its a speculative stock worth a second look.

Telvent is up 175% through 2009, with a 52-week high of $41.65. The stock is currently trading at $40.33, a 1.46% increase on the day.

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