FEATURED SLIDESHOW
Who Is The Worst CEO?Mad Money needed new inductees for its
Wall of Shame, so we asked viewers for
nominations.
RECENT POSTS
- Time to Buy Treasurys?
- Lightning Round: Las Vegas Sands, ADC Telecom, Satyam Computer and More
- Lightning Round OT: Knight Capital, Ebix and More
- Is Lear, Back From Bankruptcy, a Buy?
- Sanofi-Aventis Falling Off a Patent Cliff?
- Cramer: Your Thanksgiving Week Game Plan
- Cramer: Next Week Should Define Rest of ‘09
- Mad Money: Mad Mail: Buy RIM or Apple?
- Lightning Round: Cisco Systems, Citigroup, Baidu.com and More
- Lightning Round OT: Martek Biosciences, Valmont Industries and More
Text Size 
When the Fed starts aggressively cutting, it won’t just be the financials that benefit. The industrials should come back too, Cramer said.
Cramer recommended Terex [TEX
Loading...
()
], the third-largest construction and mining equipment maker in the world. TEX is making money hand over first from the global construction boom but the stock has been taken down thanks to domestic weakness. That is wrong, Cramer said. Terex does two-thirds of its business outside of North America.
It all comes down to safety. Terex is safer than rival Caterpillar [CAT
Loading...
()
] thanks to a massive $700 million buyback with $500 million left in authorization. There’s also some encouraging insider buying from the COO and a director.
Terex is cheap, too, which probably explains why the insiders are scooping it up in droves. Down a whopping 40% in three months, the stock is priced for a depression, Cramer said. The reason it got knocked down was because it missed earnings by two cents last quarter, even as it reaffirmed guidance. A two-cent miss doesn’t justify a 30-point drop as far as Cramer is concerned, especially with rate cuts increasingly likely.
The company also has a hidden gem in its aerial work platforms business that Cramer expects could be big. Analysts are expecting a decline this business but United Rentals, the leader in the space, just announced it would increase expenditures this year. That could mean some unexpected upside for Terex.
The bottom line? Terex is among the safest in a group of stocks that will benefit when the Fed starts easing.
Questions for Cramer?
Questions, comments, suggestions for the Mad Money website?
Data is a real-time snapshot *Data is delayed at least 15 minutes