Jim Cramer says investors should keep an eye on these five agricultural stocks.

CNBC’s Jim Cramer on Tuesday offered a list of five agricultural stocks he thinks investors should consider buying.

The Russo-Ukrainian War has led to a significant upswing in agriculture, and “given that Russia and Ukraine account for about a third of the world’s wheat production, there is a real possibility that we could face global food shortages as this drags on.” – said the host of “Mad Money”.

“I think the best approach to a bull market in agriculture is to bet on a basket of farm-related stocks, because when farmers make a lot of money, they invest in seeds, equipment and fertilizers,” he added.

Cramer said that while investors don’t have to own a full basket of agricultural stocks, these five options are great options:

  1. Archer Daniels Midland
  2. Korteva
  3. AGCO
  4. Deer
  5. Tractor

“I think they are winners and if they fall, buy more,” Kramer said.

He also offered a short list of fertilizer companies to invest in, although he said they were riskier to own than the agricultural stocks he listed.

Here is a list of fertilizer companies:

  1. KF Industries
  2. Mosaic
  3. nutrient

“If you want to bet on fertilizer, know that this is a short-term deal, not an investment, so be prepared to make quick calls to the registry on the way up and get ready to cut your losses,” Cramer said.

Login Now for CNBC Investing Club to follow Jim Cramer’s every move in the market.

Denial of responsibility

Questions for Kramer?
Call Kramer: 1-800-743-CNBC

Want to dive into Kramer’s world? Hit him!
Mad Money TwitterJim Cramer TwitterfacebookInstagram

Questions, comments, suggestions to the site “Mad Money”? [email protected]

Source link

Leave a Reply

Your email address will not be published.

Back to top button