This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Cramer's 'Mad Money' Recap: Corn Is the New Oil

Click here for an archive of Cramer's "Mad Money" Recaps.


Archer Daniels Midland (ADM) may not just be the supermarket to the world; it may also become the gas station to the world, Jim Cramer said on "Mad Money" Monday evening.

Cramer was talking about a research report by Citibank's David Driscoll that said ADM is considering investing in production capacity to produce corn-based plastics.

This is just the thing that Archer Daniels has needed to jump-start its stock price, said Cramer. "We can make plastic out of corn. We should make plastic out of corn, and we will make plastic out of corn. You must own the stock of Archer Daniels Midland."

A caller wanted to know, after years of hype, how long it would it take for corn-based products like ethanol to become viable in the marketplace. Cramer said with oil at $60, "the market is saying the time is now."

Another caller wanted to know what energy play is the safest at this point. Cramer said natural gas was the safest play; it should play catch-up to oil.

Green Cliffs of Dover

Dover (DOV) said today it is buying microacoustic component manufacturer Knowles Electronics, which makes products that go into hearing aids and cell phones.

What's a heavy manufacturer like Dover doing buying an electronics company like Knowles?

Cramer said Dover is taking its stock-price multiple into its own hands. The company, which sells at a below-market multiple, is "going toward growth." Cramer approves.

He said that Dover's acquisition "may seem a little shameless, but I know it's really smart. Own Dover."

A caller asked if Dover's acquisition of Knowles might look similar to Tyco (TYC) before it imploded. Cramer strongly disagreed and said the difference is in the two companies' managements.

"I think Dover's is good," he said. "I thought Tyco's was bad. That's all that matters."

Stop That Train

In stock news after the bell, Cramer said that WPT Enterprises (WPTE) reported quarterly results that were simply the "ultimate in train wrecks."

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,172.68 -107.06 -0.62%
S&P 500 1,994.29 -16.11 -0.80%
NASDAQ 4,527.6890 -52.10 -1.14%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs