Cramer on CNBC’s MAD MONEY this evening wanted to discuss speculation to keep people from being able to pull the trigger until Monday. Landec (LNDC) is a small $12 stock with a $300M market cap that he wanted to review. It is a seed company and seed technology company for the agriculture industry. This company even has seeds that allows farmers to plant seeds early that resist water if the temperature is too cold, and these can be used to more easily grow corn. It also has a packaging operation that increases shelf life by regulating oxygen to extend shelf life. If the current trends fall apart then will be a dud, but he doesn’t see how it can happen. It is also cheap to growth rates according to Cramer. LNDC rose over 5% to $13.00 in after-hours trading, a new year high.
Jon C. Ogg
February 9, 2007
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