Monsanto to the Rescue - Cramer's Stop Trading! (4/25/08) 2 comments
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Recap of Jim Cramer’s comments on Stop Trading! Friday April 25. Click on a stock ticker for more analysis.
Monsanto (MON), Agrium (AGU), Potash (POT): Mon's genetically-modified, high-yield seeds could hold the key to ending the food crisis; "We are not going to grow our way out of this without Monsanto," said Cramer and added AGU and POT will continue to provide needed fertilizer; "There is no hope otherwise," said Cramer, "The granaries are empty."
Owen-Illinois (OI), Eastman Chemical (EMN): Although EMN is buying back stock, The Street thinks of it as "just a dumb commodity play," although "it's done a lot of great things." Cramer prefers OI because of glass recycling. He would buy EMN on a pullback.
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