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Stop Trading!: Take the Visa Gain

Wednesday, 19 Mar 2008 | 3:21 PM ET
Stop Trading, Listen to Cramer!
Mad Money host Jim Cramer shares his stock picks with CNBC's Erin Burnett.


Now's the time to take gains on Visa if you bought some before the open, Cramer said during Wednesday's Stop Trading!. With the stock up 33% with an hour before the closing bell, the IPO turned out to be a "terrific trade." Investors who missed out on today's action shouldn't worry. There will be plenty of chances to buy it again, he said.

Brazilian energy stock Petrobras might be down today, with the rest of that country's market, but Cramer said he hasn't lost confidence in one of the world's strongest economies. And it helps that Ken Heebner, “the number one [mutual fund] manager in the country,” is also bullish on PBR.

Cramer also picked Nordstrom and Costco as his “two winners” in the retail space and said he sees an early cycle rally taking place.

But his once-beloved band of agriculture stocks is a different story. Cramer left the seed companies he was once so bullish on, saying that DuPont is now a better stock than Monsanto . However, he still recommends Deere even though it's stalled after a record run. “I am banking with [Deere CEO Bob] Lane.”

Questions for Cramer? madmoney@cnbc.com

Questions, comments, suggestions for the Mad Money website? madcap@cnbc.com

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