Stop Trading!: Syngenta Is 'Too Cheap'
Cramer admitted he was in love with seed stocks during today's edition of Stop Trading!. His favorites? Monsanto and Syngenta AG.
Monsanto may look much more expensive trading at 40 times next year's earnings, but Cramer said Syngenta , trading at 19.6 times next year's earnings, was just "way too cheap." He called the stock a "great opportunity," adding that if MON made it to $74, investors might want to take profits and pile into Syngenta.
"I like ag so much," Cramer said, "it's a rising tide lifting every boat."
No matter what the Federal Reserve does next week, Cramer said he thinks the agriculture sector is a buy as soon as the market sells off.
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