But Cramer has inducted Gary Dunton of MBIA (MBI Quote) as a new chief on the Wall of Shame -- a place reserved only for the men and women who destroy a company's value by having their name at the top of the masthead.
"He is a man I believe you will hear quite a bit about in the coming weeks as his company fights for its life," Cramer said. "If the board sacrificed Dunton, the company would stand a better chance at surviving."Agrium's Green Thumb
The demand for agriculture products is huge, and many companies are benefitting, Cramer told viewers. One such company is Agrium (AGU Quote), a long-term Cramer favorite. Not only is Agrium priced well below where it should be, but it looks like it's poised to profit from its acquisition of UAP Holding (UAPH Quote), he said.
In fact, the deal reminds Cramer of when Freeport-McMoRan(FCX Quote) bought Phelps Dodge. Back in March, Freeport issued stock to pay for Phelps Dodge. Freeport's offering broke through the "print" price -- the price of the deal -- which shook out a lot of short-term investors and took down the share price, he explained. However, since then FCX is up 65%.
Agrium did the same thing to acquire UAP, and its stock went down as well, Cramer said. Even though the stock has recovered a bit, "this looks like the FCX story all over again, so being up seven doesn't mean anything."
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