Cramer’s Corn Plays as OPEC-Busters
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),…
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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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Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.
McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.
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A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.
TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.
McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.
