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But on CNBC's "Mad Dash" segment, Cramer reasoned that investors shouldn't use Terex's (TEX) underwhelming earnings report as a read-through on the overall economy.
First, Terex has a lot of overseas exposure, particularly in Europe. It's also not as good as a company like United Rentals (URI) , which is "a business that has just been fantastic," he added.
If investors feel as if they need to sell a stock based on Terex's results, sell Caterpillar (CAT) , he explained. The company has too much exposure to mining, which is currently one of the weakest industries in the world.
-- Written by Bret Kenwell in Petoskey, Mich.