Mad Money Lightning Round: Cramer Likes Caterpillar

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that USG Corp (NYSE: USG) is “totally the wrong stock down here. It could go below $5."

Cramer said, “Everybody hates Caterpillar (NYSE: CAT) but I have liked it for years. I'm not going to cut and run now. I like it as it approaches a 3.5% yield."

For Peabody Energy (NYSE: BTU), he said, "Coal and copper and oil are all going down. I'm shocked it's so low. There is a coal super cycle going on and I'm a buyer."

Cramer said that Philip Morris International (NYSE: PM) had a “monster quarter. This is one of my favorite stocks, even though I don't like tobacco."

For Enterprise Products Partners (NYSE: EPD), Jim said, "Every one of the partnerships are going down on tax concerns. I think the stock is dirt cheap, but beware of the negative chatter."

He said that Ford Motor (NYSE: F) is an “auto company and the first stocks people sell in a slowdown are auto companies. There is no one that's going to buy Ford going into a recession."

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