Publish date:

Jim Cramer's Stop Trading! Buy Deere

The trader loves the ag complex.

Buy

Deere

(DE) - Get Report

, Jim Cramer said Monday on

CNBC's

Stop Trading! segment.

Cramer said the agricultural market remains upbeat and "one of the most bullish stories" anywhere. He said the gains being made at Deere will be good for other farm stocks such as

Monsanto

(MON)

and

Bunge

(BG) - Get Report

. Cramer also said kudos to top managers at cereal giants

General Mills

(GIS) - Get Report

and

Kellogg

(K) - Get Report

, who have kept earnings rising despite hefty food inflation.

Cramer is less bullish on

AgCo

TST Recommends

(AG) - Get Report

, which he says is less well managed than rivals like Deere.

Cramer also said it's time to let some of the oil stocks come down and then buy them, despite recession talk stateside. Cramer said he would think about buying oil service names such as

Schlumberger

(SLB) - Get Report

because energy demand is driven much more by overseas economies than by the U.S.

Cramer believes negativity is overdone in the market right now, which is why

Intel

(INTC) - Get Report

and

AMD

(AMD) - Get Report

are worth a look on Monday's upside guidance and product announcement news, respectively.

At the time of publication, Cramer had no positions in stocks mentioned.

Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for

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