Jim Cramer shares his thoughts on Caterpillar's latest earnings report, which beat expectations, sending shares of the construction equipment maker higher. The company also made note of stronger growth opportunities for next year. Cramer also sheds light on the company's stock buyback and comments on why investors started shorting the stock as of late, which he says was due to fear over China's softening economic prospects. He says investors shouldn't be surprised at Caterpillar's earnings, since the stock was down ahead of the quarter. Shares of Caterpillar remain up 9.4% since the start of the year.
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