Jim Cramer on Caterpillar, Veterans Day and Apple and Goldman Sachs Credit Card
Let's take a moment to thank any and all veterans who have served.
Jim Cramer is talking Caterpillar , and the scrutiny that Apple's credit card with Goldman Sachs has come under.
Let's Talk Trade So, looks like we're not getting a trade truce.
President Donald Trump said on Friday that he's not planning on rolling back tariffs.
Cramer took a look at a company--CAT--which has been able to come back from being dragged down by the negative headlines in China.
"But I know of no one who expected it to put on an amazing rally, one that doesn't even seem linked to China.
Now, a couple of things are in play here.
One is that the company has actually been diligently working to cut down exposure to China as part of its mosaic of business.
They aren't simpletons at this great company.
When it became clear that China was no longer a trough to feed in they worked hard to diversify away from the PRC," wrote Cramer in his Real Money column Monday morning.
What's Going on With Apple and Goldman Sachs?
The New York Department of Financial Services will investigate Goldman Sachs for possible sex discrimination in the way it sets credit limits.
The investigation follows a series of viral tweets by entrepreneur and web developer David Heinemeier Hansson about algorithms used for the Apple Card, which Goldman Sachs manages in partnership with Apple.
Cramer focuses in on the long-term impacts the headline could have on Apple stock.
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