Jim Cramer on Caterpillar: “In the Old Days, CAT Usually Went Down on Earnings, That’s Over”
Caterpillar Inc. (NYSE:CAT) is one of the stocks in focus as Jim Cramer shared his weekly game plan. Cramer was bullish on the company stock as he remarked: We talk a lot about ancillary data center plays, which means Caterpillar, which has backup generators that are needed to keep these server farms running. In the old days, CAT usually went down on earnings. That’s over. It tends to rally because people can’t believe it can consistently put up such strong numbers. They are wrong. I like the stock. Cat ...