Jim Cramer Explains How Caterpillar May Turn Out to be a 'Buy'

Shares of Caterpillar may turn out to be a 'buy' despite it's disappointing earnings, according to Jim Cramer.
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Shares of Caterpillar (CAT) - Get Report  may turn out to be a 'buy' despite it's disappointing earnings, according to TheStreet's Jim Cramer. Caterpillar offered a downbeat outlook for the rest of 2016, but Cramer says the company essentially said it had hit bottom, and if things get better the stock will be worth owning.