Moreover, Agrium, although up this year, is the cheapest in its group, he said. But that's not to say that Deere (DE Quote), Monsanto (MON Quote) and Bunge (BG Quote) are too expensive, because they're not, Cramer stressed. However, "Agrium has a whole lot higher to go."
Speculation Friday
For Speculation Friday, Cramer suggested a flier on LSB Industries (LXU Quote), a company that has exposure to both the agriculture business and the climate-control business.Cramer: 2 Energy Stocks for Life |
The Bridgeway Way
Cramer asked Bridgeway Aggressive Investors(BRAGX Quote) fund owner John Montgomery about his strategy, which allows the fund to make money in good times and bad. "We focused on not only the return, but the other half of that is controlling risk," Montgomery responded. In 1999, when technology went through the roof, the fund was exposed to that sector, he said. But coming into 2000, Bridgeway's overlay of risk kicked in and they started cutting back from a risk control standpoint. When asked how he determines if a stock is expensive or not, Montgomery said the fund follows the disciple of its quantitative models. Cramer noted to viewers that Bridgeway has seen an average return of more than 18% in the last five years.Lightning Round
Cramer was bullish on Garmin (GRMN Quote), First Solar (FSLR Quote), MEMC Electronic Materials (WFR Quote), IntercontinentalExchange (ICE Quote), Occidental Petroleum (OXY Quote), Horsehead (ZINC Quote), Freeport-McMoRan (FCX Quote), Lundin Mining (LMC Quote) and Johnson Controls (JCI Quote). Cramer was bearish on Star Bulk Carriers (SBLK Quote),- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,226.94 | 1,093.07 | 2,154.06 | 34.86 |
Oil *
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UP
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UP
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UP
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