JJC:   I've found some camouflaged green plays... stocks that you'd never imagine as environmentally-friendly, because they're as disguised by cammo as I am... and yet, they're actually making money off of green trends...

We can find our first two hidden green plays inside this... This is a Boeing Co. (BA) 787 GreenLiner, and it is poised to be the world's greenest plane, designed to consume 20% less fuel, than similarly-sized aircraft...

Now, BA has delayed and delayed and delayed the delivery date for this plane, which I'm calling from now on the GreenLiner... But, when it gave its most recent guidance this week, it didn't revise its GreenLiner schedule any further... which means it looks like we can finally recommend this plane...

But I'm not recommending BA as a pure green play... I have liked BA so long, but BA is hidden in plain sight... unlike Cramer, and the two cammo plays I am going to give you...

To find them under the war paint, we have to take apart the 787. Since 70% of the GreenLiner's manufacturing has been outsourced, BA's suppliers are the hidden green stocks... They're the cammo plays...

So, what's inside?...

Take the GreenLiner apart, and you'll find not one, but two, camouflaged green plays...

Precision Castparts Corp. (PCP)...

and...

BE Aerospace Inc. (BEAV).

We like PCP as an early-cycle play on the GreenLiner, meaning it's making money off the early construction of these planes right now.

BEAV is a late-cycle play... It makes most of its money when BA sells the planes, and other companies (e.g., airlines) furnish them with things like seats and kitchens, which is what BEAV makes.

These are what we call pin action plays...

Let's start with Precision Castparts Corp. (PCP)...

This company is making engine components and fasteners for the 787 that are roughly $5 million worth of PCP components in every 787... $5 million in each one of these is PCP... It's split 50/50 between fasteners - which are like screws - and the higher-margin engine parts...

PCP's CEO has said that, so far, it's a $4 billion order book for the 787. Let me give you some context on that number...

The Street only expects PCP to have revenues of $7 billion for its fiscal year, ending in March 2008... so the GreenLiner should be a big, big chunk of its business.

I call PCP an early-cycle play... What that means is that BA is buying these parts from them, and putting them in the plane itself... Fasteners and engines are some of the first things you build into a plane...

This means this is a stock you buy earlier than BEAV - the late cycle of BA - to take advantage of the 787...

Of course, PCP is about more than just the GreenLiner...

Half of PCP's business is aerospace, where it makes engine components, fans, compressors, combustors, air foils, landing gear beams... this is the real deal, right?... wing structures, struts, tail flaps, fasteners... You get the picture...

In fact, PCP said that they're in every single kind of jet aircraft out there... Considering that we're only in year three of what could be a seven or eight year aerospace cycle, that makes me think that PCP is a long-term... not a short term... but a long-term buy, buy, buy!

Their customer base is terrific... 17% of its sales come from General Electric (GE), parent company of this network... 17% from Rolls Royce... 11% from United Technologies (UTX)... These are companies making money off of aerospace and infrastructure booms, and PCP is making money of them.

This company also has a power business... 21% of revenues... making components for power plants that are used for coal, nukes, oil and gas... I mean, c'mon, this company, PCP, has a lot going for it... A lot of that growth is overseas.

The CEO said in a recent presentation that he is seeing overall demand in the power segment that he wasn't expecting until 2010... He is basically telling you that they are two years ahead...

PCP seems like a real good bet.

All right, on to the next stock...

We're going to go on to BE Aerospace Inc. (BEAV)...

This is the stuff that falls out when you smash a GreenLiner...

BEAV... They make the interiors... oxygen masks, ovens, beverage makers.

The company's CEO said that the GreenLiner could be a $1.5 billion opportunity, assuming that 1,000 of these planes get built... And that's just slightly less than BEAV's $1.6 billion in annual revenues...

You get it... Another camouflage play hidden within the GreenLiner...

BEAV is focused on the aftermarket from the 787... and other planes... 60% of its sales going there...

I like this because things like seats, which represent 38% of BEAV's revenues, generally need to be refurbished every one or two years... so they've got this replacement business... The larger the global airline fleet gets, the more seats are out there that need to be refurbished by BEAV. That's a positive shot to the system, adding more planes to the global fleet, and increasing BEAV's business...

Now, BEAV has got a great backlog of $2.2 billion... 60% of the company's market cap... Even better, only 15% of that backlog is associated with U.S. airlines... 38% of total North America, giving it some real rest-of-world credibility...

Okay, now here's the one issue, all right...

The company reports Monday, before the bell... So, if you want to buy it, be sure to do your homework, read the earnings release, and listen to the conference call...

And, if you don't know what I mean by homework, I want you to pick up a copy of Jim Cramer's Real Money, where I explain what you have to do before you buy a stock I pick on the show, to get a better idea...

I like PCP and BEAV as stealth, cammo green plays, but they're also part of one of the long-term trends that I like so much, that I committed in this Stay Mad For Life...

I have said that this aerospace cycle, from 1995 to 2000... think about this... the previous cycle... PCP went from $4 to $21 bucks... 325%...

BEAV went from $7 to $16, a 124% gain... although the stock had been at higher levels in the middle of the cycle...

The latest aerospace cycle started in 2005. These have generally lasted five to eight years... and, with the 787 Dreamliner, we're looking at an extended cycle now...

I think we're three years in... I believe PCP and BEAV have a lot further to go...


Now here's the bottom line...