Tuesday's sell-off of the industrials is entirely overdone in my view, and I think Caterpillar (CAT) is way too cheap at its current price of about $143. The stock is down some $5.60 as I write this, and yes, there could be some rockiness in the name over the next weekBut given how resilient the market has been, I think CAT can go back to $150 or ...
Read the full story and get access to the Real Money Pro trading floor.
There's no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.