Cramer's Stop Trading! The President Is Deeply Committed to Burning Food (3/22/11)

 |  Includes: AMZN, CMI, DE, DTEGY, NFLX, S, VZ
by: Miriam Metzinger

Stocks discussed on Jim Cramer's Stop Trading! TV Segment, Tuesday March 22.

Deere (NYSE:DE), Cummins (NYSE:CMI), Sprint (NYSE:S), Verizon (NYSE:VZ), Netflix (NASDAQ:NFLX), Amazon (NASDAQ:AMZN), T-Mobile (OTCQX:DTEGY)

Deere (DE) is on a mutli-year move "because the President is deeply committed to burning food," even though there is so much oil in America and domestic oil companies just need trucks and trains to transport it. Despite the illogic, ethanol is still the fuel the government is touting, which is good news for Deere, even though the result will be higher prices at the supermarket.

Cramer thinks Cummins (CMI) is a buy on the Japan reconstruction, since the company is one of the world's largest producers of generators, and Japan "will need more than Cummins can make."

With AT&T's (NYSE:T) merger with T-Mobile (OTCQX:DTEGY), Sprint-Nextel (S) will have to "go it alone," but Cramer thinks Sprint will survive because Verizon (VZ) and AT&T will still need the company as a smaller competitor.

Cramer is not worried about claims that Amazon (AMZN) can give Netflix (NFLX) a run for its money, since Netflix is the clear winner in the movie space. He thinks the stock will pop when Facebook goes public, because Netflix will seem undervalued in comparison.


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