Cramer on the China Quake

Cummins just reported a great quarter, so that's not much of a risk. Terex is dirt-cheap. CAT has the best leverage to China and to all of the big oil projects going on around the globe. You have already seen the reversal in U.S. Steel (X Quote), which is part of the Chinese rebuild.

This rebuild will soon obliterate any worries about U.S. demand. You can only imagine the kind of heavy equipment that will have to be bought for that rebuild, and with a weak dollar, the orders will go to the U.S. manufacturers of heavy equipment -- NOT Japan -- which is really important because otherwise the geography would dictate the orders going much more to the Japanese.

Random musings: Apple (AAPL Quote) MasterCard (MA Quote) and Research In Motion (RIMM Quote) are telling you direction, as always.

At the time of publication, Cramer had no positions in the stocks mentioned.

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Jim Cramer writes about all the stock trades in his charitable trust for TheStreet.com in Action Alerts Plus. Recent stocks he's traded in this account include Verizon (VZ Quote), Abbott Laboratories (ABT Quote) and Freeport-McMoRan (FCX Quote).