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The new OPEC on the block consists of companies that make their bones with corn -- ethanol production -- Jim Cramer said on the TheStreet.com TV's Wall St. Confidential video Webcast Thursday.
Those companies, which Cramer says have "tremendous visibility," or strong earnings horizons, include Agrium (AGU Quote), Agco (AG Quote), Deere (DE Quote) and Archer Daniels Midland (ADM Quote).
"America is searching for any way to be able to bust OPEC, or any way to be able to provide energy that's not hydrocarbon, so we've keyed on ethanol," he told Gregg Greenberg, the host of Wall St. Confidential. When you have the kind of visibility these stocks are displaying, "you can pile in and not have to sell." ...
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