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Caterpillar Inc. Message Board

  • gladysschool gladysschool Jul 1, 2006 12:39 AM Flag

    Best of Breed wins

    Cramer reminded buyers of Caterpillar in the repeat show today --

    "Last, but certainly not least, was Cramer's selection of Caterpillar (CAT - news - Cramer's Take), his "best of breed" for the mining equipment sector. "They make the best mining trucks in the world," Cramer said.

    Furthermore, Caterpillar's construction equipment business should benefit from the highway bill. Also, it broke its union in the 1990s, so it's not saddled with pension and health care costs that are facing other industrials.

    Caterpillar, Cramer said, "quite frankly is the best, and "you never need to apologize for buying the best."

 
CAT
107.30+0.32(+0.30%)Aug 19 4:02 PMEDT

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