Mad Money Lightning Round: Cramer Likes Caterpillar

Loading...
Loading...
On CNBC's Mad Money, Jim Cramer said during the Lightning Round that USG Corp
USG
is “totally the wrong stock down here. It could go below $5." Cramer said, “Everybody hates Caterpillar
CAT
but I have liked it for years. I'm not going to cut and run now. I like it as it approaches a 3.5% yield." For Peabody Energy
BTU
, he said, "Coal and copper and oil are all going down. I'm shocked it's so low. There is a coal super cycle going on and I'm a buyer." Cramer said that Philip Morris International
PM
had a “monster quarter. This is one of my favorite stocks, even though I don't like tobacco." For Enterprise Products Partners
EPD
, Jim said, "Every one of the partnerships are going down on tax concerns. I think the stock is dirt cheap, but beware of the negative chatter." He said that Ford Motor
F
is an “auto company and the first stocks people sell in a slowdown are auto companies. There is no one that's going to buy Ford going into a recession." Read more on
Jim's Views On Benzinga
Market News and Data brought to you by Benzinga APIs
Posted In: CNBCJim CramerPre-Market OutlookMarketsMediaTrading IdeasAutomobile ManufacturersBuilding ProductsCoal & Consumable FuelsConstruction & Farm Machinery & Heavy TrucksConsumer DiscretionaryConsumer StaplesEnergyIndustrialsJim Cramermad money Lightning RoundOil & Gas Storage & TransportationTobacco
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...