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Jim Cramer's Stop Trading! Buy ADM

TheStreet.com Staff

Buy Archer Daniels Midland (ADM), Jim Cramer said Tuesday on CNBC's "Stop Trading!" segment.

Cramer said a Citi upgrade of Monsanto (MON) was a good call, as "the ag business is huge." But Cramer said Archer Daniels is an even better play, given its clout in Congress.

Cramer said Fannie (FNM) and Freddie (FRE) also look like good bets right now, particularly if you expect Democrats to "storm the winter palace," or take the White House, in 2008. Cramer said Democratic control of Washington makes these government-sponsored lenders "pantheons of payoffs," which leads to "fat and happy" stock prices.

Cramer expects there to be lots of bids for DaimlerChrysler's (DCX) Chrysler unit, including perhaps one from "lone wolf" Goldman (GS).

Cramer also likes recent upgrades of financial sector players CIT (CIT) and MBIA (MBI), both of which were up 3% Tuesday. But Cramer reserved his strongest praise for Treasury Secretary Hank Paulson, whom he called "the one guy with credibility in this whole world."