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Friday, December 21, 2007

CNBC's Stop Trading Dec. 20th

Irrigation equipment maker Lindsay (LNN) is a name to watch, Jim Cramer said on CNBC's "Stop Trading!" segment Thursday.The company's rise today is an illustration of a broader bull run in agriculture. "We are now so knee-deep in ag that even the sprinkler systems are making a lot of money," he said. "There is clear sailing for this area right into the end of the year. Agrium (AGU) just did a big secondary; it's now above the secondary price. ... This is the area."Investors should also remember names like Potash (POT), "This is a longer cycle than you think because there are such short harvests. ... Grain demand is great."On the other hand, investors need to be more cautiously optimistic with more discretionary businesses, including Winnebago (WGO).
Published By TheStreet.com

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