We recently published 8 Stocks That Jim Cramer Recently Talked About. Caterpillar Inc. (NYSE:CAT) is one of the stocks Jim Cramer recently discussed.
Caterpillar Inc. (NYSE:CAT) is a well-known construction and agricultural machinery company. Cramer has started to regularly discuss the firm after President Trump’s Big Beautiful Bill cleared the House and Senate and was signed into law. The CNBC TV host believes that Caterpillar Inc. (NYSE:CAT) will enjoy significant tailwinds not only from the legislation but also from data center construction in America. During this appearance, he maintained his viewpoint about the legislation’s impact on Caterpillar Inc. (NYSE:CAT)’s business:
“And don’t forget, the Big Beautiful Bill is a bill that is made for things like Caterpillar.”
In an earlier appearance, Cramer discussed Caterpillar Inc. (NYSE:CAT)’s management and potential entry points to buy the stock:
“I think, you know what, I gotta tell you something… I mean, the primarily not housing, but you’re absolutely right. You have to have housing. Vulcan Materials is actually more of a play, as is Martin Marietta Materials. However, Caterpillar is an ancillary to that. Caterpillar’s done incredibly well this year. I will miss Jim Umpleby, who’s stepped up to chairman, but I think he left Caterpillar in the best hands I’ve ever seen the stock in. It’s a buy, and I think you will do quite well. Now, at this point, I would wait till after the quarter, which is August 5th. You don’t need to get ahead of it.”
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Disclosure: None. This article is originally published at Insider Monkey.
