10 Stocks That Were On Jim Cramer’s Radar As He Warned “It’s Too Early” To Buy

1. Caterpillar Inc. (NYSE:CAT)

Number of Hedge Fund Holders In Q2 2025: 76

Caterpillar Inc. (NYSE:CAT)’s stock has gained 15% year-to-date despite broader sluggishness in the construction industry. Cramer has discussed the firm several times on his morning show this year. He believes that the firm stands to benefit from the significant growth in US data center construction over the coming years. In this appearance, he discussed Caterpillar Inc. (NYSE:CAT)’s SEC filing, which warned that tariffs could make a $1.8 billion hit on its finances, which was higher than the earlier warning of $1.5 billion. Here’s what Cramer said about the filing:

“[On 8-K warning of additional headwinds] I don’t know Joe Creed, I know Jim Hucklebee, who is, by the way, acquired taste cowboys, when we went to a game together. . .I think that without knowing Joe Creed’s view, I’m reluctant to say just step up because you do have a up market multiple and a stock that historically had a below market multiple. But remember, congratulations to Jim Hucklebee for taking that company and being a non-episodic company but a buyer of stock. He’s done a terrific job, I’m sure he’s taught Joe Creed everything he needs to know. But I’m as aggressive on that one.”

Previously, Cramer commented on Caterpillar Inc. (NYSE:CAT)’s downgrade by Morgan Stanley:

“I like to look for stories that have been red hot, been, okay, that have suddenly cooled purely because of guilt by association. This morning, Morgan Stanley put the wood to Caterpillar, downgrading the stock from Hold to Sell because of worries about tariffs. Look, there are issues with CAT, but we already know them. The company reported last week, we know everything about it. Got the conference call. I don’t want to buy CAT even though it’ll get its fair share of reshoring orders.”

While we acknowledge the potential of CAT to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CAT and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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