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Rebound in Brazil Helping DuPont and Caterpillar, Says Jim Cramer

A rebound of the Brazilian currency will help industrial companies like DuPont and Caterpillar, according to Jim Cramer.
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DuPont (DD) - Get Report  had a "remarkable" quarter and Caterpillar's (CAT) - Get Report  results were misunderstood, according to TheStreet's Jim Cramer. DuPont reported better than expected earnings, and revenue topped expectations in the latest quarter, while Caterpillar also reported strong profits even as it cut its outlook. But Cramer noted Caterpillar says it sees improvement in China, and Brazil is bouncing back. Cramer says the rebound of Brazil's currency means both Caterpillar and DuPont now have a tailwind going forward. In the case of Caterpillar, Cramer says the company sees weakness in the United States.

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