Jim Cramer on Caterpillar: “I Actually Expect a Huge Number”

Caterpillar Inc. (NYSE:CAT) was on Jim Cramer’s Mad Money game plan for the week ahead. Cramer noted that the company is involved in the data center business “big time” and commented:

We hear from Caterpillar too, and I actually expect a huge number, and that’s in large part because, well, go ahead, you can say it… Do I have to say it? Data center. They’re in there big time.

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. On April 7, when a caller asked what could cause a long-term problem for the company, Cramer said:

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.

While we acknowledge the risk and potential of CAT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CAT and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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