Mad Money Lightning Round: Cramer Likes Caterpillar

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
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Posted In: CNBCJim CramerPre-Market OutlookMarketsMediaTrading IdeasAutomobile ManufacturersBuilding ProductsCoal & Consumable FuelsConstruction & Farm Machinery & Heavy TrucksConsumer DiscretionaryConsumer StaplesEnergyIndustrialsJim Cramermad money Lightning RoundOil & Gas Storage & TransportationTobacco
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