This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

Jim Cramer's Stop Trading: Avoid Potash, Mosaic; Buy Rite Aid, Bob Evans

Stocks in this article: POTMOSRADBOBEGIS

NEW YORK (TheStreet) -- TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, took a look at shares of Potash (POT), which were downgraded to hold from buy at J.P. Morgan. 

On CNBC's "Cramer's Stop Trading" segment, Cramer acknowledged that the analyst did not lower his price target on shares of Potash, but suggested that this year's "bountiful harvest" would be a negative. 

Prices of corn, wheat and soy are all "getting killed," while other commodities like natural gas are at six-month lows. Many also believe that gas prices have already peaked for this summer, he said. 

Yahoo!'s Alibaba Cash Could Trigger a Buying Binge in Tech

5 Biggest Amusement Park Chains of Summer 2014

Could Walmart Be Sitting On Another Disappointing Quarter?

The Dirty Little Secret of Money Managers: Underperformance Anxiety

Cramer suggested investors avoid Potash and Mosaic (MOS) at current levels, as input costs for crops continue to drop. 

On a side note, he also mentioned that he likes Rite-Aid (RAD) and Bob Evans Farms (BOBE), the latter of which is "dramatically undervalued." 

Cramer also acknowledged General Mills' (GIS) "terrific dividend" and strong cash flow, while pointing out how well the stock bounced back following its analyst meeting. 

-- Written by Bret Kenwell in Petoskey, Mich.

At the time of publication, Cramer's Action Alerts PLUS had no position in companies mentioned.

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,875.76 +48.01 0.27%
S&P 500 2,073.12 +0.29 0.01%
NASDAQ 4,805.4680 +18.1510 0.38%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs