Cramer's 'Mad Money Lightning Round': Plant Some Money in Monsanto

11/07/07 - 07:11 PM EST

TheStreet.com Staff

To see the full "Mad Money" Recap, please click here. Here's what Jim Cramer had to say about some of the stocks that callers offered up during the "Mad Money Lightning Round" Wednesday evening:


Boston Beer (SAM Quote - Cramer on SAM - Stock Picks): "Vicious overreaction to a cautionary comment. It is true that the stuff in beer is going up in price. ... But it is not right that that company lost a third of its value. ... I wanna buy SAM. That stock is coming back."

Research In Motion (RIMM Quote - Cramer on RIMM - Stock Picks): "Look, this thing is like a beacon. It's unbelievable. On one of the most horrible days I have seen in five years, this stock is up. ... I want a better entry point before I buy RIM. It's too hot for me here."

Monsanto (MON Quote - Cramer on MON - Stock Picks): "All right, this is another stock that is unbelievable. ... This group is alternative oil." Cramer says the group includes Deere (DE Quote - Cramer on DE - Stock Picks), Potash (POT Quote - Cramer on POT - Stock Picks), Bunge (BG Quote - Cramer on BG - Stock Picks), Syngenta (SYT Quote - Cramer on SYT - Stock Picks), Mosaic (MOS Quote - Cramer on MOS - Stock Picks) and Agrium (AGU Quote - Cramer on AGU - Stock Picks). "I like Monsanto. ... How about we get a better entry point and then we pull the trigger?"

Delta Petroleum (DPTR Quote - Cramer on DPTR - Stock Picks): "You cannot make a lot of money when you are buying anything that is purely domestic. ... No, I'm not gonna recommend this. If you want to be in this business, I'm gonna send you to XTO Energy (XTO Quote - Cramer on XTO - Stock Picks) or Devon Energy (DVN Quote - Cramer on DVN - Stock Picks), and you know Apache (APA Quote - Cramer on APA - Stock Picks) remains strong."

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