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Cramer's 'Mad Money' Recap: How to Ride a Wild Bull Market

05/29/07 - 07:50 PM EDT

TheStreet.com Staff

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


On Tuesday's "Mad Money" TV show, Jim Cramer took viewers to the six "wild bull markets."

Right now, he said, the Federal Reserve is on hold, and the economy, while "anemic," is not in a recession. And during economic weakness, the wild bull markets should be the first to recover, Cramer explained. Right now there are six wild bull markets.

The first, Cramer said, is in agriculture. There was a "deeply disturbing" editorial in The New York Times recently about reforming the farm bill. It discussed overhauling agricultural subsidy programs that reward big growers of traditional crops -- phasing them out and "replacing them with a single 'risk-management account.' "

According to the editorial, the bill would divert billions to help specialty crop farmers, and the reforms would spend money on rural conservation and food stamps, Cramer said. However, "thankfully this was just an editorial and not reality."

Cramer said he's confident this "travesty" will be averted and that the bull market in agriculture should stay alive.

That said, there are three stocks he believes people should want to own here. The first is Deere (DE - Cramer's Take - Stockpickr) as an agricultural machinery play. This stock, Cramer said, is "money in the bank."

He considers it the best of breed in the farm machinery business and said it is "quite well-priced."

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At the time of publication, Cramer was long XTO Energy, Halliburton, Freeport McMoRan, Toyota Motor and Caterpiller.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for TheStreet.com, Inc., and CNBC, and a director and co-founder of TheStreet.com. All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of TheStreet.com or its affiliates, or CNBC, NBC UNIVERSAL or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither TheStreet.com, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or TheStreet.com is related to the specific opinions expressed by him on "Mad Money."

None of the information contained in "Mad Money" constitutes a recommendation by Mr. Cramer, TheStreet.com or CNBC that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the program. Mr. Cramer's past results are not necessarily indicative of future performance. Neither Mr. Cramer, nor TheStreet.com, nor CNBC guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the program. The strategy or investments discussed may fluctuate in price or value and you may get back less than you invested. Before acting on any information contained in the program, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.

Some of the stocks mentioned by Mr. Cramer on "Mad Money" are held in Mr. Cramer's Action Alerts PLUS Portfolio. When that is the case, appropriate disclosure is made on the program and in the "Mad Money" recap available on TheStreet.com. The Action Alerts PLUS Portfolio contains all of Mr. Cramer's personal investments in publicly-traded equity securities only, and does not include any mutual fund holdings or other institutionally managed assets, private equity investments, or his holdings in TheStreet.com, Inc. Since March 2005, the Action Alerts PLUS Portfolio has been held by a Trust, the realized profits from which have been pledged to charity. Mr. Cramer retains full investment discretion with respect to all securities contained in the Trust. Mr. Cramer is subject to certain trading restrictions, and must hold all securities in the Action Alerts PLUS Portfolio for at least one month, and is not permitted to buy or sell any security he has spoken about on television or on his radio program for five days following the broadcast.


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