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Jim Cramer's Stop Trading! Buy Monsanto

Cramer likes the GM deal but isn't buying the stock at these levels.




, Jim Cramer said Wednesday on


's "Stop Trading!" segment.

Cramer said he'd wait till Friday to buy the stock because it's being marked up as quarter-end approaches by huge institutional money managers. But even at a recent $83, it remains a good long-term play, Cramer said, because of its exposure to the fast-growing energy and agriculture markets.

Cramer also likes


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, and he applauded the big labor settlement that will cut health-care costs at


(GM) - Get General Motors Company Report

. But Cramer said he wouldn't buy GM till it came down to $29 from a recent $37, given the company's hefty financing costs and other issues.

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

Jim Cramer is a director and co-founder of He contributes daily market commentary for's sites and serves as an adviser to the company's CEO. Outside contributing columnists for and, 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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