Cramer Answers Your Questions
On Monday, Cramer answered some "Mad Mail." But first, the "Mad Money" host got to some homework.
On Tuesday, Chris in Massachusetts asked about Cubist Pharmaceutical. This Lexington, Mass.-based biopharmaceutical company is involved with the research, development and commercialization of pharmaceutical products that address unmet medical needs in the acute care sphere. Being as the stock as recently soared to highs, Cramer thinks Chris may have missed out on this one. He also thinks it lacks catalysts to send it further still.
Cramer then took a question from Alex in New York. Being as the Federal Reserve seems willing to accept inflation in exchange for job creation, the home gamer wondered if food costs will continue to climb. Cramer thinks that's the case. In turn, farmers will want to use better fertilizer and new equipment to get more crops out of their acreage. For that reason, he would buy shares of farm equipment maker Deere and fertilizer player Potash.
Speaking of fertilizers, Alan in California noted that the fertilizers and domestic drillers have reached attractive buying points. He wondered if there's a systemic shift out of these sectors.
"This is all about demand destruction," Cramer said. "We're at a terrible level, where if we go up people think the oil should be sold because there will be less oil used. If we go down people think the oil should be sold because the earnings won't be good enough."
Being as nothing seems to work, Cramer recommends investors take some profits, step to the sidelines and wait for a better entry point.
When this story was published, Cramer's charitable trust owned Deere.
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