Jim Cramer Says Improvement in China Is Helping Caterpillar
Jim Cramer says Caterpillar is benefiting from improvement in both China and Europe, and the stock could make a big comeback if things are that good in China.
TheStreet's Jim Cramer said Caterpillar (CAT) - Get Report is benefiting from improvement in both China and Europe, and longer term the stock could make a big comeback if things are that good in China. Cramer said investors should buy half of their position in Caterpillar now, and buy the rest when the stock dips to $75 a share.
At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.
