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Actionable news in CAT: CATERPILLAR Inc,

Jim Cramer: I've Never Seen Caterpillar This Good

TheStreet's founder and Action Alerts PLUS portfolio manager Jim Cramer said this is exactly Caterpillar's (CAT - Get Report) time.

The company reported better than expected earnings and revenue.

"They downsized at the correct moment," Jim Cramer said. "You get tremendous leverage when you have far fewer people - you pare back your workforce and the numbers come up."

Jim Cramer will host CNBC's Jon Najarian, TD Ameritrade's JJ Kinahan, famed analytics expert Marc Chaikin and other market mavens on Oct. 28 in New York City to share successful strategies for active investors.
Click here for the full conference agenda or to reserve your seat now.

Watch all of Jim Cramer's latest videos, right here:


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