Mad Money Lightning Round: Cramer Likes Caterpillar
On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Exxon Mobil (NYSE: XOM) is “not my favorite oil but you're fine.” He added, “I like Chevron (NYSE: CVX) more, but you're OK. Exxon will make a lot of money."
Cramer said that Anworth Mortgage Asset (NYSE: ANH) is a “mortgage REIT. I think this is a survivor. I also like Annaly Capital (NYSE: NLY)."
For Caterpillar (NYSE: CAT), he said, "I bought more for my charitable trust. United Rentals, Inc (NYSE: URI) just had a conference and said they're sold out of Caterpillar equipment. Cat's a winner, not a loser. I'm a buy, buy, buyer."
Jim believes that O'Reilly Automotive (NASDAQ: ORLY) is “fine. I think you need to ride it out. With that stock you're fine."
Cramer said that TAL International (NYSE: TAL) will “not be high-growth. It's well run but that's not a good industry to be in right now. Go light in that one.”
Read more on Jim's Views On Benzinga
