are gunning for $65, Jim Cramer said on
"Stop Trading!" segment Thursday.
While Lowe's was one of the first companies to send the market down, the company's 10-Q filing released Wednesday contained some bullish comments, including the revelation that the company is no longer feeling the effects of bad weather.
"This is fab news," said Cramer. "I think Lowe's sees $65 pronto."
Wednesday shareholders meeting got the whole infrastructure sector moving, Cramer said.
, which Cramer owns for his charitable trust,
Action Alerts PLUS, is a big beneficiary of the CAT effect, he said.
Chairman Ben Bernanke's comments Thursday, along with a positive UBS note on
, are acting as coil springs propelling the market back up.
"I think this market is one of the most fun markets," said Cramer. "We are going up as fast as we went down," he said.
At the time of publication, Cramer was long Ingersoll Rand.
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