Jim Cramer Believes “CAT Is One of the Most Viable Stocks”

Caterpillar Inc. (NYSE:CAT) is one of Jim Cramer’s stock calls as he discussed the impact of the Iran war on the markets. A caller inquired what could cause a long-term problem for the company, and Cramer replied:

Well, you’d have to see metals and mining really get crushed. You’d have to see the Permian give out. You’d have to see no more construction on roads. None of that’s going to happen. Joe Creed has got this thing going. He’s the CEO. I think CAT is one of the most viable stocks. I think this stock could be up gigantically if we get the end of the war, gigantically.

Caterpillar Inc. (NYSE:CAT) provides heavy machinery, engines, turbines, and rail equipment. In addition, the company offers power systems, parts, and support that keep the equipment working. Cramer discussed the stock during the February 27 episode, as he said:

Now also on Thursday, very exciting, Caterpillar’s part of a fireside chat at CONEXPO. That’s that annual construction trade show that you and I probably don’t go to, but sounds like a real hoot. There’s CEO, Joe Creed, a total straight shooter, might talk about how people are using Caterpillar generators to power data centers. All very exciting. I kick myself daily for not getting into that one, and I don’t know if they’ll let me out from my job here to go attend CONEXPO. Maybe next year.

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