Richenhagen said that despite having a fourth consecutive record year, he's still offering conservative guidance as competition heats up in 2014. That said, Richenhagen is still bullish on many areas of the globe including South America, where countries are providing $35 billion in investments to farmers.
Richenhagen is also upbeat on Agco's efforts in Africa, where the company was the first manufacturer to produce equipment on the continent. He expects production to more than double in 2014. Another bright spot is Russia, where a new partnership is beginning to bear fruit.
Cramer inquired about rewarding shareholders, and Richenhagen confirmed that Agco has authorized a $500 million share-repurchase program.
Cramer said shares of Agco have already gotten hammered, thus creating value, but added the company needs a strong 2014 in order to see shares head higher.
Off the TapeIn his "Off The Tape" segment, Cramer sat down with Jon Brod, co-founder and president of Confide, a new off-the-record mobile messenger for IOS devices. Brod said Confide is all about not leaving a digital footprint for sensitive topics. He demonstrated the service, showing how messages can only be read two words at a time, after which they are permanently deleted. Brod touted the service's end-to-end encryption that ensures that even the company cannot look into what is being sent between devices. When asked about the company's business model, Brod said that after raising $1.9 million in seed funding, he's now focused on the product and not on making money at the moment. Cramer said investors will be hearing more about this company. To watch replays of Cramer's video segments, visit the Mad Money page on CNBC. To sign up for Jim Cramer's free Booyah! newsletter with all of his latest articles and videos please click here. -- Written by Scott Rutt in Washington, D.C. To email Scott about this article, click here: Scott Rutt Follow Scott on Twitter @ScottRutt or get updates on Facebook, ScottRuttDC
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