On tonight’s MAD MONEY on CNBC, Jim Cramer said that Carerpillar (CAT) is being kept down too low. Cramer think sthe Chinese are back into buying commodities and the companu is leveraged to commodities more than to Housing. The subprime meltdown is not a worry for it. Cramer thinks the commodities going back up is much more important to it. The Yen strengthening os also actually good for the company in that the Japanese can buy our products for cheaper. He thinks CAT has the best dealer network out there, but the stock is still sleeping. If it doesn’t run. you have a $7.5 Billion buyback plan and a director just bought some.
Jon C. Ogg
March 16, 2007
Take This Retirement Quiz To Get Matched With A Financial Advisor (Sponsored)
Take the quiz below to get matched with a financial advisor today.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the
advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Take the retirement quiz right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
