Jim Cramer's Stop Trading Sept. 14th
Buy Monsanto (MON) and Syngenta (SYT), Jim Cramer said Friday on CNBC's "Stop Trading!" segment.
Cramer said the agricultural bull market is a "rising tide" for all the seed stocks, from Monsanto and Syngenta on down to DuPont (DD). Cramer concedes that Monsanto is pricey -- around 40 times earnings, the same multiple as Celgene (CELG), Cramer said -- but he says its opportunity is greater because it owns more patents than Syngenta and Americans are more positive about genetic engineering than Europeans.
Cramer said the agricultural bull market is a "rising tide" for all the seed stocks, from Monsanto and Syngenta on down to DuPont (DD). Cramer concedes that Monsanto is pricey -- around 40 times earnings, the same multiple as Celgene (CELG), Cramer said -- but he says its opportunity is greater because it owns more patents than Syngenta and Americans are more positive about genetic engineering than Europeans.
Labels: CELG, DD, Jim Cramer, Jim Cramer's Stop Trading, MON, SYT
posted by Stock Administrator @ 12:38 PM
0 Comments:
Post a Comment
<< Home