Cramer's 'Mad Money' Recap: Ag Sector Is Ready to Break Out (Final)

Stock quotes in this article: GES , JCG , HD , DSX , NAT , FRT  

Click here for an archive of Jim Cramer's Mad Money recaps. Click here to get Jim Cramer's Mad Money Post Game video exclusively on TheStreet.com.


NEW YORK (TheStreet) -- "The rolling bull market continues," an upbeat Jim Cramer told the viewers of his "Mad Money" TV show Tuesday.

He said on a day when the major averages were only up fractionally, the smart money was moving out of technology, oil and banks stocks, and into a new sector that's ready to move.

Meet Cramer and Get Your Signed Copy of New York Times Best Seller Getting Back to Even

Nov. 17, 7 p.m. Barnes & Noble, Manhattan (33 E. 17th St.)

Dec. 8, 7 p.m. Barnes & Noble, White Plains, NY (230 Main St.)

Cramer said that agriculture is the next sector that's ready to break out, after the Department of Agriculture raised its spot price forecast last week citing production shortfalls.

He said that seed giant Monsanto (MON Quote) confirmed the strength in the sector when it came out with positive news at its recent analysts meeting.

Cramer said Monsanto is the first "buy, buy, buy" in the group, now that the company can clearly see the light at the end of the tunnel for this long underperforming sector.

He also gave the nod to the fertilizer stocks of Potash (POT Quote), Agrium (AGU Quote) and Mosaic (MOS Quote). Cramer said that while Potash remains the cheapest in the group, his favorite remains Terra Nitrogen (TNH Quote) for its 6.4% dividend yield.

No agriculture rally would be complete without John Deere (DE Quote), said Cramer.

He said Deere no longer suffers from a strong dollar, and with 12 analysts rating the company a "hold," there's plenty of room for upgrades. Deere reports in just five days, and Cramer said he'd be a buyer of the stock ahead of any positive news the company is likely to report.

Most Popular Today
Five Cheap Stocks on the Rise
Most Commented Today
Motorola Droid Lands Hard on Palm
  • Loading Comments...
  •  

SHARE:

  • email
  • print
  • comment
  • digg
  • delicious
  • linkedin

Recent Comments





Connect with TheStreet

Dow Jones S&P 500 NASDAQ 10-Year Note
10,058.64 1,070.52 2,150.87 36.33
Oil *
72.02
UP
150.25
UP
13.78
UP
24.82
UP
0.41
10 Yr
3.63%
SPDR Gold
105.45
+1.52%
+1.30%
+1.17%
+1.14%
Data delayed 20 minutes

More From TheStreet

Latest Headlines
  • Top Rated Stocks from TheStreet Ratings
  • Find returns with the Dividend Calendar

Brokerage Partners

TheStreet Premium Services

All Services