Cramer's 'Mad Money Follow-Up': Caterpillar

On Tuesday's episode of "Mad Money," Jim Cramer said that "some banks will actually be winners." Good banks prosper from the failure of bad banks, he said.

That's likely to be the case with FirstMerit(FMER Quote), Ohio's fourth-largest bank, which has $11.1 billion in assets. The Cleveland housing market didn't take as a hard a hit as other areas of the country, and with its competition out of the way, FirstMerit is all set for a growth spurt.

FirstMerit closed up 77 cents, or 4.2%, at $18.97 on Wednesday.

Cramer recommended Caterpillar(CAT Quote), saying that demand for its products can only rise as the economy strengthens. Wall Street generally does not like the stock, but Cramer said it was ideal to own ahead of economic recovery.

In Wednesday trading, Caterpillar up $1.03, or 3.7%, to close at $28.99.

During his "Lightning Round" segment, Cramer called Visa "terrific" and said he wanted to buy it "right here." Visa closed down $1.31, or 2.4%, at $54.29.

He also wanted to pull the trigger on Pepsi(PEP Quote), which he said is having a "decent" quarter. On Wednesday, Pepsi was up 74 cents, or 1.4%, to close at $52.22.

He recommended buying Home Depot(HD Quote) as it goes lower. "This is a great way to buy housing," he said. Home Depot was up 27 cents, or 1.2%, on Wednesday, closing at $23.83.

Finally, he called Disney(DIS Quote) a "good long-term buy." The stock closed up 63 cents, or 3.5%, at $18.79 on Wednesday.