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Stocks discussed on the Jim Cramer's Stop Trading TV segment, Monday August 3.

Deere (DE), Potash (POT), Monsanto (MON), Johnson & Johnson (JNJ), KeyCorp (KEY), Fifth Third Bancorp (FITB), Bank of America (BAC)

Agriculture is back and is "the best place to be," said Cramer. Also, oil is rising and amid the obsession about the economy, "We forgot about ethanol," Cramer commented. He would buy Deere and Potash and predicts Monsanto will be brought much higher by a short squeeze.

KeyCorp and Fifth Third are the Caterpillar and Deere of the banking sector said Cramer; "people want to be in those names."

Defensive stocks are out of favor and Cramer thinks this is a great opportunity to pick up Johnson&Johnson at a discount.

Although natural gas is up 10%, Cramer declares Chevron a buy and is bullish on the group.

Cramer thinks criticism of Bank of America CEO Ken Lewis is undeserved and believes the chief executive has put the bank in a good position to recover from the economic slowdown. In addition, Bank of America's stock is being bought "hand over fist."

"Isn't that what matters?" said Cramer.

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Source: Cramer's Stop Trading! The Caterpillar and Deere of the Banking Sector