Jim Cramer on Caterpillar: "We Like Their Stuff"

Caterpillar Inc. (NYSE:CAT) is one of the stocks Jim Cramer commented on. Cramer mentioned the stock during the episode and commented:

What else do we need so badly that we’ll pay anything for? Well, how about Caterpillar? We like their stuff. Turbines, GE Vernova. Hey, how about things that move other things? FedEx is good, any trucker. How about value-oriented companies like Walmart, Dollar General, Costco, Dollar Tree, TJX, they report tomorrow. All those companies make things and sell them cheaper than the other guys. You know what? Johnson& Johnson’s good, Colgate, Procter & Gamble, Hershey.

Caterpillar Inc. (NYSE:CAT) provides heavy machinery, engines, turbines, and rail equipment. In addition, the company offers power systems, parts, and support that keep the equipment working. A club member asked for Cramer’s advice on the stock during the January 23 episode, and he responded:

There are a lot of people who feel that this is a data center play and that the data centers are somehow going to stall out. You are coming in after a major, major move. I would like to see the stock lower. Once you start getting lower, what happens is people say, oh, oh, it’s going to be topped. It’s a head and shoulders, all that. I liked it when Jim Umpleby was CEO. He did a fantastic job. I believe it’s worth a great deal, but I do prefer, right here, Cummins, CMI. I think it represents a better buy.

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