
Reap DuPont's Seeded Success

By Jim Cramer
About this article:
Almost a decade ago, Monsanto and DuPont went on seed-buying binges: Dekalb and Pioneer, respectively. These acquisitions were roundly criticized as overpays that made very little sense, other than as attempts to reinvigorate dowdy businesses.
Meanwhile, all anyone cared about were these deeply cyclical chemical businesses that sank or swam with the darned GDP.
Now look at these two stocks. They trade like biotech stocks, for heaven's sake! The seed businesses have kicked in, accelerating the growth of these written-off companies to the point whether they feel more like Celgene and Genzyme and less like Rohm and Haas or PPG Industries.
All of this is thanks to the decision to make biodegradable fuels, reusable, that need seeds, that devour seeds in a way no one thought possible.
Right now there is such a shortage in seeds that we have tremendous pricing power in the industry. That allows for very nice...

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