Bunge Global SA (NYSE:BG) is one of the noteworthy S&P 500 stocks Jim Cramer highlighted. Cramer called it an “important agricultural middleman,” as he said:
At number eight, we have Bunge, that’s up nearly… 28% this month. It’s an important agricultural middleman. I don’t see a specific catalyst for the Bunge move, aside from some positive analyst commentary based on [an] improving outlook for the broader industry. Now, if you believe in ag recovery in the cards for 2026, maybe Bunge still looks pretty cheap here, trading just 13 times this year’s earnings estimates. But the company reports on Wednesday, so you maybe want to see what they have to say. This one, I’m not as close to as I used to be.
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Bunge Global SA (NYSE:BG) processes agricultural commodities like oilseeds and grains into ingredients for the food, fuel, and animal nutrition industries. The company also produces sugar and ethanol.
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Disclosure: None. This article is originally published at Insider Monkey.