Cramer's Wild Bull Machinery Plays Portfolio - Stockpickr! Your Source for Stock Ideas

Cramer's Wild Bull Machinery Plays

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Date updated:06-05-2007

On Tuesday's "Mad Money" TV show, Jim Cramer took viewers to the six "wild bull markets."

Right now, he said, the Federal Reserve is on hold, and the economy, while "anemic," is not in a recession. And during economic weakness, the wild bull markets should be the first to recover, Cramer explained. Right now there are six wild bull markets.

Wild bull market No. 2 is in machinery and here is the stock he would play.

CAT
Caterpillar Inc
$60.06
+0.17%
$60.76

Here the best of breed is Caterpillar (CAT), which Cramer owns for his charitable trust, Action Alerts PLUS. Even though Caterpillar is stalled here, it is "preposterously cheap," Cramer said. Plus, it has significant international exposure and can also be considered an infrastructure play, which happens to be the third wild bull market, he said. From 6-5-07: Occidental (OXY) says last week that it is going to spend more on capital expenditure-type items, including the petrochemical complex. That's Foster Wheeler (FWLT), again. It's also Caterpillar (CAT) again!

People owning CAT also tend to own: AA ALL APC BA BAC C CBH

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