Jim Cramer explains why he's bullish on Deere and Caterpillar

Shares of farm equipment manufacturer Deere rose 1.3% after beating on the top and bottom lines of its quarterly results. Deere reported earnings of $5.68 per share on revenue of $11 billion. Wall Street forecast earnings of $4.52 per share on revenue of $10.44 billion, according to Refinitiv. CNBC's Jim Cramer, Carl Quintanilla and David Faber discuss.