On today’s Wall Street Confidential on TheStreet.com, Cramer talked about the demand for corn as the new OPEC or OPEC breaker for traders. Cramer wants companies where there isn’t a visibility issue. AGCO (AG), Monsanto (MON), Landec (LNDC), Deere (DE), and Archer Daniels (ADM) are the names he thinks that are in this camp. This gives visibility to 2009 to 2010 and the industry wasn’t prepared for all the demand that there is and there will be. Cramer said again that VeraSun (VSE-NYSE) and the ethanol stocks are NOT the way to play this. Cramer said Baker Hughes (BHI) is taking down the service and drillers; Transocean (RIG) is a winner in the sector and BHI isn’t, plus RIG isn’t levered to the Gulf of Mexico.
Jon C. Ogg
February 15, 2007
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