Here Is Jim Cramer's Outlook on Shares of Caterpillar
Caterpillar may benefit from President-elect Donald Trump's infrastructure spending plans.
Amid President-elect Donald Trump's $500 billion infrastructure spending plans, TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer thinks Caterpillar (CAT) - Get Report will benefit. "I believe that [the] infrastructure situation that Trump is talking about will uniquely play in the Caterpillar's hands," Cramer said Wednesday during an exclusive monthly call with members of his Action Alerts PLUS investing club. "By the way, I think that Caterpillar is making certain changes to its dealer network that will make it so the earnings will be better than expected." Cramer added.
