Cramer's 'Mad Money' Recap: Energetic Ag Stocks

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Agriculture these days has less to do with food and more to do with energy, Jim Cramer told viewers of his "Mad Money" TV show Friday.

As long as oil remains expensive, the agriculture complex is going to take on increasing importance as a source for alternative energy, as evidenced by the soaring demand for corn and soy as energy crops, he said.

Cramer touted agriculture as the fifth long-term bull market during the weeklong preview of his his new book, Stay Mad for Life. Earlier in the week, he mentioned aerospace and defense, minerals and mining, oil and infrastructure.

Market players who own these agriculture stocks know they've paid off so far, he said. Deere (DE Quote), Monsanto (MON Quote) and Bunge (BG Quote) all have had significant upsides this year.

Fertilizer has been the biggest winner, and the No. 1 name in this group is Mosaic (MOS Quote), Cramer said.

In addition, Agrium (AGU Quote) and Potash (POT Quote) have had enormous gains, too, he continued.

"All of these gains have been driven by demand," and this is just the beginning, Cramer said. There should be years and years of upside for this industry.

But while the long-term story, he said, is "fabulous," the market should give you a better opportunity two or three weeks from now to get in. Ag is right, but maybe not at these prices, Cramer said. People should wait for a pullback before they buy these stocks.

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