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

Stock quotes in this article:GES, JCG, HD 

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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.

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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) 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), Agrium (AGU) and Mosaic (MOS). Cramer said that while Potash remains the cheapest in the group, his favorite remains Terra Nitrogen (TNH) for its 6.4% dividend yield.

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

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