Cramer's Mad Money Lightning Round OT: CAGC, POT, DD, LGF, WINN
Benzinga 16 years ago
CNBCLong IdeasJim CramerShort IdeasMediaTrading Ideas
Jim Cramer said on CNBC's Mad Money that it is a mistake to own China Agritech Inc. (NASDAQ: CAGC). If you want to own fertilizer stocks you should buy Potash Corp./Saskatchewan (USA) (NYSE: POT), and if you are interested in seeds you should buy E.I. du Pont de Nemours & Company (NYSE: DD), thinks Cramer. China Agritech (CAGC) spiked 14.10% and Potash (POT) gained 3.43% today. E.I. du Pont de Nemours & Company (DD) fell 0.53%.
Cramer thinks that it would be wise to sell Winn-Dixie Stores, Inc. (NASDAQ: WINN), because he doesn't like supermarkets business. These stocks are too expensive at the moment. Winn-Dixie Stores (WINN) added 0.30% and closed at $13.37 today.
Jim Cramer believes that Lions Gate Entertainment Corp. (USA) (NYSE: LGF) is a sell. Lions Gate (LGF) closed at $6.80 today.
