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Dec.03
3:20 PM ET
Monday, 3 Dec 2007
Stop Trading!: Bull Market in Agriculture
Posted By:Carlo Dellaverson
Topics:Agriculture | Stock Picks | Stock Market
Sectors:Oil and Gas
Companies:UAP Holding Corp | Agrium Inc. | Deere & Co
 |
Taking a theme from his new book, Stay Mad For Life, Cramer said on Monday’s Stop Trading! that the bull market in the agriculture complex should not be overlooked.
Agriculture stocks like Deere [DE
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] are not as tied to ethanol as many people think, he said. And Agrium’s acquisition of UAP [UAPH
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] actually sent AGU’s stock higher. When was the last time an acquirer went higher on a takeover?
The bull market in oil is also intact, Cramer said. Even with oil futures down, the stocks are hanging in. “You just can’t find the stuff, for heaven’s sake.”
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