Jim Cramer's Stop Trading! Cool Cabela's
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Cabela's (CAB Quote) and Archer Daniels (ADM Quote) look like good buys right now, Jim Cramer said Monday on CNBC's "Stop Trading!" segment.
Cramer said he likes outdoor goods retailer Cabela's because hunting has gotten more affordable again with the recent decline in gasoline prices. One indication that the duck blinds are back in the game is Alliant Techsystems' (ATK Quote) recent conference-call comment that "hunting bullets are off the charts," Cramer said.
Cramer also likes Archer Daniels, which he called a fast-growing agricultural name that trades at a discount to rivals' price-to-earnings multiples. He said the Decatur, Ill., company is growing at 10% a year but trading at only 13 times earnings estimates, while rival Bunge(BG Quote) is growing at the same rate but fetches a 20 multiple. "Both have soybeans," Cramer noted. ...
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